With the debt ceiling matter resolved or at least postponed for a couple of months, risky assets are likely to trade up over the coming period. Moreover with Janet Yellen all set to be crowned as the net Fed chair, the decidedly dovish U.S. fiscal policy will have a far-reaching impact on the global macro scene. In face of no-taper, the euro is expected to strengthen against the dollar and emerging markets are likely to experience a longer period for reprieve.The returns mentioned in this post are from HSBC Hedge Weekly, unless noted otherwise.
Macro Hedge Funds Stuggle In October, But Future Looks Positive
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