Mar 19, 2020
Our guest today is Chen Zhao, Chief Global Strategist at Alpine Macro.
Chen discusses the different factors causing the current economic and financial situation, why the Fed has done their job but it’s time for the government to step in and do theirs, where he’s seeing the best opportunities in the market, and how the coronavirus outbreak impacts the trade war with China. We hope you enjoy.
Follow the CFA Society of Orlando on Twitter at @CFAOrlandoFL
0:38 — Colby Donovan and Steve Curley introduce the podcast
3:10 – Introduce Chen Zhao
5:00 – Why he believes we need a fiscal response
8:00 – What we can learn from China’s missed opportunity to clamp down early on
11:40 –Thoughts on the Fed’s recent actions and why the U.S. and Europe need a fiscal response
15:43 – Is it time to de-risk or re-risk?
17:20 – Why the government must provide loan guarantees for small and big businesses
20:30 – Where does he see the most opportunity in the market right now?
22:50 – Issues with using outside research
24:15 – Mistakes he’s seen people make during past bear markets
26:35 – Thoughts on the trade war
28:30 – What is the most egregious thing that you have seen in the investment management industry over the course of your career?