A world not bereft of opportunities
Thu Jul 19, 2012
Isaac Souede of Permal Group believes China can weather the world's economic and financial storms
The upcoming presidential elections in the US will have
significant repercussions on how the country manages its fiscal
deficit, while China’s attempt to re-stimulate its
economy could succeed in spurring consumption that could help
global economic recovery. In a Q&A with AsiaHedge deputy
editor Rodney Diola, Isaac Souede, highly regarded global macro
thinker as well as the New York-based chairman, CEO and chief
investment strategist of fund of hedge funds behemoth Permal
Group, says China can weather economic and financial perfect
storms – while a Republican win for the US presidency
could serve as a catalyst for significant reallocation back to
What are the key implications of the US presidential
elections in November?
Isaac Souede: The result of the US elections will determine
how the US addresses its fiscal cliff. If nothing is done, then
this fiscal deficit could balloon to $550 billion. The
uncertainty over the...
ISSN: 2151-1845 / CDC10004H
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