Michael Pettis Not Hard Or Soft, Rather Long Landing For China [VIDEO]

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Image source: Bloomberg Video Screenshot

This fund run by a SAC Capital alum bought restaurant stocks amid the pandemic

restaurantPrentice Capital Management was up 6.6% for the first four months of the year, compared to the S&P 500's 9.3% decline and the Russell 2000's 21.1% decline. The HFRX Equity Hedge Index was down 9.4% for the quarter. Q1 2020 hedge fund letters, conferences and more Gross and net exposures In his first-quarter letter to […]


Michael Pettis is Professor of Finance, Guanghua School of Management, Peking University, author of The Great Rebalancing: Trade, Conflict, and the Perilous Road Ahead for the World Economy,  Avoiding the Fall: China’s Economic Restructuring and The Volatility Machine: Emerging Economics and the Threat of Financial Collapse.

In a special reprise edition of FS Insider, Cris Sheridan, Senior Editor of Financial Sense, welcomes Michael Pettis, a Beijing-based economic theorist and financial strategist. Professor Pettis explains why China may not see a soft or hard landing, but a long landing, leading to much lower economic growth over a decade or more

Also see Michael Pettis On The Political Upheaval In China