CHINA’S ECONOMIC SLOWDOWN & POLITICAL CRACKDOWNS HAVE ENORMOUS IMPLICATIONS FOR THE WORLD ECONOMY

December 29, 2022

The original firm that Ed Hyman co-founded – ISI Group, International Strategy and Investment, recognized from the very beginning that China would have an important role to play in the world economy. How right they were. As China allowed the private sector to flourish and opened up to foreign investment, it became the world’s second-largest economy. Under the dictatorial regime of President Xi Jinping, many of those policies have been curtailed to China’s detriment. Hyman’s view of China has changed as well.


Listen to the audio-only version here:

ED HYMAN


ON TV THIS WEEK:
In a recent rare interview with Ed Hyman, Wall Street’s number one ranked economist for a record 42 years, told us why he is worried about the Federal Reserve’s extreme tightening policies and their impact on the economy and the markets. It’s probably one of the most consequential annual outlook interviews he has done with us since WealthTrack’s launch in 2005, which is why we are re-running it over the New Year’s weekend. In addition, Hyman will explain why he is holding a large cash position in his personal portfolio.      Watch it again here.

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