#080 Nick Glinsman: Investors Beware China

Om avsnittet

Macro investor Nicholas Glinsman (@nglinsman), co-founder of Malmgren Glinsman Partners, joins Julia La Roche on episode 80 for a wide-ranging discussion on China. In this episode, Glinsman highlights the risks investors and corporate decision-makers face with their investments in China, including the inability to get money out of the country.

Link to Malmgren-Glinsman Partners Daily Ahead of the Heard and Malmgren Institutional Research: https://d5d0c2-2.myshopify.com/

Read Harald Malmgren (@Halsrethink) and Nick Glinsman’s “China Will Be The Next Japan” paper here: http://www.international-economy.com/TIE_W23_Malmgren.pdf

0:00 Show open

1:08 Welcome Nick Glinsman

1:40 From Salomon Brothers to hedge funds

2:28 Harald Malmgren

5:08 Long Dollar against Chinese Yuan trade

6:25 Assessment of macro environment

7:24 The Fed

9:00 Regional banks, commercial real estate

15:00 Liquidity

18:00 Liquidity impact

23:30 China

25:50 Xi is decoupling China’s economic model

29:30 Investors need to be careful about putting money in China

34:14 Anecdote of a friend who couldn’t get capital out of the country

37:30 Getting money out of Hong Kong is difficult

43:22 A lot of corporate earnings are going to be kept in China

46:40 China Is The Next Japan

51:00 Chinese growth to disappoint headed for “Lost Decade”

55:30 EV cars

58:00 Parting thoughts

Om avsnittet

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