Earlier this afternoon we hosted a conference call regarding the potential for the Chinese economy and/or the Chinese yuan to become to a growing market risk heading into 1H17. The key takeaways were as follows:
- Structurally speaking, we continue to think the Chinese economy will experience a “soft landing”, but that the glide path down will be nonlinear.
- Cyclically speaking, we think China’s recent economic stabilization is long in the tooth and we expect the preponderance of Chinese growth metrics to resume their structural downtrends within the next 3-6 months.
- Our analysis shows the Chinese consumer story is not the bastion of bullishness many investors and management teams believe it to be.
Click on the following links to access the associated replay materials:
As always, please feel free to reach out with any follow-up questions and we'll get back to you in short order.
Best of luck out there managing these developing macroeconomic risks.