Hegener: Euro Gone in Ten Years, Traditional Automakers Will Go ‘Way of the Blackberry’
Schwab Network · Schwab Network
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Show Notes
Joe Hegener thinks the market will hit highs in the second half of the year, but likens conditions to a “game of musical chairs.” One of his hot takes is that the euro won’t exist in ten years – he thinks the Eurozone will look substantially different in the next decade as populist sentiment sweeps through its members. He also says that traditional automakers will “go the way of the Blackberry,” arguing that they’ve taken on too much debt to get into lithium-ion batteries when the next generation is already coming.
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