Fed Tapering To Bring U.S. Asset Flight

As the market heads toward the inevitability of Fed tapering, investment houses are desperate to find the right strategy for the days ahead. Societe Generale has released a new report warning investors to stay away from U.S. assets as policy tightens in the United States.

The bank does, however, recommend holding onto U.S. dollars. According to the Societe Generale Strategy team, which is led by Alain Bokobza, Fed tapering will inevitably lead to rate hikes in 2014. Those rate hikes will be a shock to a market that has availed itself of super easy money in recent...