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Jim O'Neill Thinks Concerns Over a China Slowdown Are Overblown
Posted by: Canadian Value (IP Logged)
Date: September 24, 2013 11:41AM
A year from now Jim O'Neill thinks there is a good chance that the recovery is going to accelerate in the U.S. and that a year from now the Fed will have tapered.
He is much more optimistic about China than the bearish views we hear on the country from Chanos and Kyle Bass.
He thinks that some slowdown in China is natural simply because the 10% growth rates of the last decade can't be sustained.
O'Neill thinks that the big moves in global currencies have happened and that the near future in the currency market is going to be dull.
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