David Einhorn Bets on Deeper Fed Cuts as One of ‘Best Trades’

Hedge fund manager David Einhorn is betting that the Federal Reserve — under Kevin Warsh — will lower interest rates “substantially more than” markets are currently predicting.

By Ye Xie · Bloomberg Markets

Hedge fund manager David Einhorn is betting that the Federal Reserve — under Kevin Warsh — will lower interest rates “substantially more than” markets are currently predicting.