Hedge Fund Picton Says Markets Will Punish a Fed That Bows to Trump
The head of Picton Investments said bond markets will swiftly discipline the US if President Donald Trump appoints a Federal Reserve chair who’s seen as too malleable — and precious...
By Layan Odeh · Bloomberg Markets
The head of Picton Investments said bond markets will swiftly discipline the US if President Donald Trump appoints a Federal Reserve chair who’s seen as too malleable — and precious metals remain a good hedge against political volatility.