China's Zodiac Doomsday Clock

Send us a text Ex macro hedge fund manager, Hugh Hendry, again invites his former investment partner, Tom Roderick, to review the global macro landscape. This week Tom discusses his new macro essay, China's Zodiac Doomsday Clock. Hugh becomes nostalgic for March 2009 and his slow train journey to Wuhan which revealed abundant evidence of China's property overbuilding 12 years ago. Tom explains why their China blow-up fund never made them a billion dollars. The answer was written in the ...