Bannon In China: An Amusing Irony, Opines CLSA… But…

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Rupert Hargreaves
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“It is an amusing irony,” Matthew Sigel Portfolio Strategist at CLSA begins in his 18 September Hello Investors research note ” that Steve Bannon’s first ever Hillary Clinton-like speech to investors was an emphatic defense of trade tariffs and economic nationalism , at a conference sponsored by a global stockbroker owned by a Chinese SOE, at a luxury hotel in free-trading Hong Kong.” [reits] Sigel is referring to Bannon’s public speaking engagement at a conference hosted by CLSA, a unit of Citic Securities, China’s largest state-owned brokerage. The focus of the speech was “American economic nationalism and the populist revolt and Asia,” a…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk