China’s Wooing Foreigners

January 28, 2020 · 4 Mins Read

The Speaker recommends owning Chinese government bonds as a strategic allocation in any portfolio. He sees China’s 10-year bond yield eventually converging to US rates this decade on the way to zero. He quotes Einstein, “Imagination is more important than knowledge,” as he walks us through how China will handle its increasingly complex debt dynamics. The options are: 1) grow into its debt structure (that won’t last), 2) inflation (maybe but this leads to FX problems), 3) currency devaluati

...

Photo: Pexels

Join now for full access.

Access unique insights, attend exclusive events, expand your network, and invest wisely.

Trusted by the world’s top investors.

10

of the top 50 hedge funds globally (by AUM)

347

members worldwide

21

community events
(dinners and salons per year)

Unique Insights. Exclusive Events.
Global Community.

Here’s what you can expect as a member:

PURE AWARENESS

Access unique insights you won’t find anywhere else

Our job is not to predict the future; it’s to see the present clearly. Gain unbiased insight into the macro forces shaping the investment landscape. Discover investing ideas and advance your thinking in truly novel ways.

SPECIAL ACCESS

Attend year-round events with exclusive guests

Our in-person gatherings are intimate and rich. Our online events have their own magic. We summon the best ideas from our community of hedge fund CIOs and portfolio managers across the globe.

COMMUNITY-POWERED

Mix with our tight-knit community in our Slack group

Surround yourself with peers from around the world you can count on. We talk, exchange, learn, and lean on each other in our members-only Slack group. Test your opinion, take some advice, or just lurk. No trolls; we promise.

CLARITY & WISDOM

Reflect on markets with Jawad one-on-one

Two heads are better than one. Let Jawad be your thinking partner. Air your ideas, play out scenarios, and throw some refreshing water on those burning questions. You set the agenda. Each call is a chance to reset and rebalance.

Your clever new community awaits.

Access unique insights, attend exclusive events, expand your network, and invest wisely.

Current Issue

test

Test Article

Test one

SALON SERIES

China After Covid

While China weathered the Covid crisis better than anyone, the new year presents its own challenges. The way ahead will be more difficult, less predictable, and highly contingent on complex policy choices.

MACRO

The Rip-Roaring Twenties

The insight from financial history is that we’ve endured the “displacement” and are only now entering the “boom.” The “mania” phase lies well ahead.

ECONOMY

American Comeback

While the world balks at America’s failed response to a pandemic, their economic management may yet prove to be superior.

STOCKS

The Great Rotation: A hundred-year perspective

The rotation from value to growth over the past decade is the start of a secular trend that will persist over many decades.