Bridgewater Up 14 Percent, Eyes Currency Moves As Remaining Fed Tool

As Bridgewater Associates is reported up 14 percent through March, with a bet on the euro currency and forecasting relative to European Central Bank stimulus reported to drive the trend, a separate Bridgewater strategy document reviewed by ValueWalk outlines their euro outlook.

Bridgewater reported up 14 percent year to date in one strategy

One Bridgewater strategy document noted “the lack of aggressive policy action by the ECB” as a factor creating “stagnation and depression across much of the Eurozone,” the hedge fund was reported to have said in a recent strategy document reported by Bloomberg’s Kelly Bit.

In a separate Bridgewater strategy observation dated March 30 and reviewed by ValueWalk, report authors Bob Elliott, Phil...