A conversation about the drop in the Chinese stock market

with Byron Wien and Stephen Roach
in Current Affairs, Business
on Tuesday, February 27, 2007 * * * * *

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A discussion about the recent plunge in the Chinese stock market, which sent reverberations throughout global financial markets and has raised concern about a weakening economic forecast. Charlie is joined by Stepen Roach, Chief Global Economist for Morgan Stanley, and Byron Wien, Chief Investment Strategist, Pequot Capital Management. Despite concerns raised by the stock market drop, both men contend that the fundamentals of the economy remain very positive, including low interest rates, strong growth and earnings performance.

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Keywords:
Stock Market
Stephen Roach
Dow
Morgan Stanley
Pequot Capital
Byron Wien
China

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    1. Paul  02/24/2008 03:16 PM Report

      Please do keep this clip out there. Roach is right on the money, there are some serious, and that cant be overempahasized, structural problems with the American economy. Quite frankly, I am tired of the almost propagandist approach to economics and education in this nation. It is refreshing to hear some half-way intelligent insights on the subject.