The world’s largest hedge fund told clients the Fed is making a mistake
|09/30/2017||Posted by BusinessMediaguide.Com under General World News||
- 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 >>>