Today on the Brief:
- A public company has switched $250 million in cash reserves to bitcoin
- The latest in the vaccine rumor trade with Vladimir Putin’s propaganda play
- Hong Kongers use the stock market to protest
Our main conversation is with former hedge fund manager Hugh Hendry.
After a few years of focusing on a “volatility at the end of the world trade” in property development in St. Barth’s, the constant contrarian Hugh Hendry has returned to the macro world in a big way.
In this conversation, Hugh and NLW discuss:
- Why Hugh left macro, and why he came back
- How he lost three years being angry at the Fed
- How he came to be bullish on equities in 2012
- How money managers become trapped by narratives
- Why the Fed should actually be less, not more, conservative
- Why we need someone like Joe Rogan as Fed chair
Find out guest online:
Website: hughhendryofficial.com
Twitter: @hendry_hugh