Hedge Funds at Risk as Fed Dollar Focus Threatens Bull Bets
Bloomberg News on September 20, 2016
“The Fed has to look at the relationship between global rate divergence and exchange rates,” said Laurence Meyer, a former Fed governor and now president of LH Meyer Inc., an analysis firm in Washington. “Whatever you think are the empirical relationships, you can take that into account in your forecasts and where your ‘dots’ are,” said Meyer, who predicts the Fed will likely stand pat this week and hike in December.