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Soros Reveals He Is Short The S&P 500: Warns China Will Have A Hard-Landing, “Fed Hike Was A Mistake”
Thursday, January 21, 2016 13:50
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As for the Fed, Soros is on the policy mistake bandwagon, saying Yellen may have mistimed liftoff. That echoes sentiments voiced by Marc Faber among other prominent investors and speaks to what we’ve been saying since September, namely that December's hike might go down as the worst-timed rate hike in history. “The investor said he would be surprised if the Federal Reserve raised interest rates again after hiking them in December for the first time in almost a decade,” Bloomberg writes. He, like Ray Dalio, says the FOMC is more likely to cut than hike going forward …. http://www.zerohedge.com
Source: http://luismmx.blogspot.com/2016/01/soros-reveals-he-is-short-s-500-warns.html
