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Risk of a 1970s-Style Inflation Shock is Rising, Warns Brevan Howard

  • The hedge fund firm says the Fed is behind the curve
  • The firm’s $8.5 billion flagship fund returned 6.6% in March
Bloomberg business news
Not All Inflation Is Bad

Global price rises risk turning into 1970s-style inflation shock, which eventually led to recession and high unemployment, according to hedge fund giant Brevan Howard Asset Management

The macro trading firm, which is off to one of its best gains in nearly two decades of trading, said the current macro environment is as complicated as at any time during the last 75 years, according to its annual outlook