George Soros sees a Stop-Go Economy Ahead

July 5th, 2009
| More
George Soros, one of the most successful hedge fund investors with $1.1 billion in earnings last year, recently predicted that fear of inflation from the economic stimulus will choke off any recovery by causing interest rates to go up. An article from Reuters on June 30th explained that Mr. Soros believed that the cost of capital is the “major headwind in the economy.”

The article points to a rise in U.S. Treasury yields that has caused a spike in mortgage rates, threatening the housing market by extension. Mr. Soros also spoke against government regulators, claiming that “The regulators will always be wrong…they should interfere as little as possible.” He believes that regulatory efforts have led to a “super bubble” over the past 25 years.
See Source
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News

More Recent Headlines

Brevan Howard Vets Launch 5:15 Capital Management

Ivy League Endowments Finally Outpaced

Arnhold & S. Bleichroeder Moves to Block Thoma Bravos’s Entrust Purchase

When Will We See Real Change in BofA's Board?

Gartmore goes on Hiring Spree to Bolster Growth

SEC Charges Minnie Madoff Moises Pacheco

Asia's Largest Hedge Fund Manager to Launch New Sparx Global Macro Fund

Hernandez charged with $11 million Ponzi scheme

Madoff Receives 150 Year Sentence

Black Swan Investor Universa Bets on Volatility