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Podcast: The ACID Capitalist Podcast
Episode: China Risk Shared Confessions by Hugh Hendry & Tom Roderick
Description: Send us Fan MailHedge fund manager, Hugh Hendry, again invites his former colleague, Tom Roderick, who manages macro at Trium in London, to review the revelatory and impending bust of China's legendary Evergrande Property. Macro hasn't been seen in Chinese waters for almost a decade. A strong currency with a positive carry and a stock market seemingly impervious to shocking state interventions has ensured a lack of willing naysayers. The Acid Capitalist, Hugh, and Tom, explains how China's property companies were the safest stocks in the global sector owing to their ability to transfer risk quickly...