Markets Magazine
FX Guru John Taylor Is Back, Minus the $12 Million-a-Year Salary
The former hedge fund manager, who now charges $25,000 a year for his insights, forecasts the pound moving to $1.15—which he calls ‘conservative.’
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For John R. Taylor, the world is defined by cycles. There are ups—building and running a currency hedge fund that became the world’s biggest, for instance. And there are downs—specifically, presiding over its demise.
The 73-year-old former scholar of political science and European history sees that particular experience at FX Concepts LLC as just another cycle, an echo of the statistical patterns he uses to guide his predictions. “It was a 35-year round trip,” Taylor says in an interview over lunch across the street from his modest Midtown Manhattan office. “And 35 years happens to be one of my favorite cycles.”