Bloomberg TV The Opening Trade- Lee Robinson Sees Chance of Venezuela’s Bonds Doubling

The implied recovery on Venezuelan government bonds still has plenty of room to run according to Lee Robinson, founder of Altana Wealth

“There is downside but there is just a lot more material upside,” Lee told Bloomberg Television presenters Anna Edwards, Tom Mackenzie and Guy Johnson . “Trump has made it very clear, oil is going to flow to the US. Billions, in fact trillions of dollars are going to be made by US companies, so this is a country that can in fact repay its debt.”

Lee also talked about how Altana  focus is currently applying its approach on discovering asymmetric opportunities to navigate the complexities of the distressed Chinese real estate market.

You can see the full interview here from 1:20 in.