Stephen Roach roars "US Asset prices must fall"

Roach is the US equivalent of David McWilliams, he called this right a number of years ago. Very smart guy, well worth paying attention to.

Morgan Stanley’s Global Economic Forum
( )
just hasn’t been the same since he and their Hong Kong commentator (Andy Xie ) moved on.

Fair play to him for making a go of things after the cycling career ended.