Hugh Hendry, my favourite sceptic

There is almost nothing that Hugh Hendry isn’t sceptical about, and that makes for an excellent sounding board, when you want to double check a bullish premise listen in, the same goes for a bear call. I watched him go toe to toe with Joe Stiglitz once and was impressed, he knows his brief. In this clip from Bloomberg he talks about his belief that the Euro is finished. (hat tip on the clip to creditwritedowns)

Hendry also talks about his belief that the noose is getting tighter in Asia, I would concur, there has to be a rebalancing and even a managed economy like China’s cannot stop that from happening, the Euro will go through a competitive devaluation and we can all go back to competing in the ‘new normal’.

Leave a Comment

Awesome! You've decided to leave a comment. Please keep in mind that comments are moderated.