Many market participants in Asia reckon the region is overbroked. Nomura is more sanguine, continuing apace its recruitment drive. Its latest hiring is veteran research star Bill Overholt to head Asian strategy.
Overholt is something of an oddball in Asian broking. Behind his laconic American drawl is a man who has written five books, helped foster a popular revolt and is sometimes thought to have CIA connections.
Overholt denies any links with the CIA, though he confesses to having done consultancy work for the Pentagon during the Vietnam war and to knowing “what to do and who to call”.
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