BLOOMBERG Street Smart March 17, 2015
Warning emerging markets need to prepare for capital flight if investors are surprised by the timing or pace of changes. Even if this process is wellmanaged, the likely volatility could give rise to potential stability risk. And echoing her warning, a Hedge Fund Billionaire says the Federal Reserve could calluse a 1937 style shock and slide. Hes steering clear of big bets on the Financial Markets because they could be unseen consequence of changes to the fed policy. The new manager of the funds at pimco seeing a bigger return than his boss. Right to the breaking news desk where scarlet fu is l...