Paul Tudor Jones echoed a whisper concern in a Bloomberg TV interview this morning, saying that the U.S. Federal Reserve is restraining itself from raising interest rates because such a move would increase government interest payments. The observation that the Fed was focusing on debt management rather than overall economic conditions, putting yet another mandate in play as a determinant as to when it should raise interest rates, is an issue most often verbalized in private, which makes the public comments even more noteworthy. Paul Tudor Jones: Acknowledgement of government debt a much larger macro issue With over $18 trillion in…
Paul Tudor Jones Says Fed Constrained By Debt
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.