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The world’s largest hedge fund told clients the Fed is making a mistake





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  • Bridgewater, the world’s largest hedge fund firm, says the Federal Reserve and other central banks will cause problems by raising interest rates from historic lows.
  • Bridgewater says the Fed has miscalculated the risks, such as economic sensitivity to interest-rate changes.

The world’s largest hedge fund told clients the Federal Reserve was making a mistake by raising interest rates.

“The Fed is basing its moves on classic cyclical indicators and the desire to ‘normalize’ the balance sheet,” Bridgewater Associates told clients in a private note, which was seen by Business Insider. “Based on the calculations that we do, we doubt that the Fed will read more >>>

Source:: BusinessInsider.Com

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