With debt saturation in Asia applying to breaks to credit fueled growth, and domestic demand starting to “wobble,” financial market jitters are also placing a damper on growth in the region. But “imminent financial stress” is not in the cards with the caveat “imminent” being the operative hedge word, an HSBC report on “Asia’s debt squeeze” paints the picture that a “lasting” growth problem, punctuated with aging demographics, is likely to cloud the economic picture. HSBC: Asia debt and slowing China exports a concern but “we will be standing at the end of the day” Frederic Neumann, HSBC’s co-head of…
HSBC: Asian Debt Has Exploded, But No Imminent Stress
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.