Should Investors Worry About the Fed’s Policy Divergence?

Policy divergence between the Federal Reserve and other central banks may continue longer than bond traders expect, say analysts from Goldman Sachs Group Inc. The analysts say investors view policy divergence as unsustainable -- yet Goldman hasn’t found much historical support for that opinion. If the Fed raises rates three times this year like Goldman expects, it may mean the gap between yields on short-term debt in the U.S. and other developed economies may grow. Aberdeen Asset Management Senior Investment Manager Luke Hickmore discusses with Bloomberg’s Anna Edwards on “Countdown.”

Bloomberg Markets: The Trump Economy 8/4/2017
34:54 - Guests include: Komal Sri-Kumar, president of Sri-Kumar Global Strategies, Terry Haines, Evercore ISI senior political strategist, Elda Di Re, Ernst & Young partner, and former Export-Import Bank Chairman Fred Hochberg. (Source: Bloomberg)
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