BLOOMBERG Davos Debate Disruptive Innovation Ahead February 7, 2015
We have the founder and chief Investment Officer of rich water. Larry summers, former u. S. Secretary. Let me start off with you because actually, the world needs more easing. How difficult is it for the fed to raise rates . The fed is probably going to raise rates this year. Our expectations that the imf is that it is more likely to happen in midyear than at the end of 2015 contrary to what the markets expect in certain ways, and the fact that the fed is going to do that is good news in and of itself because it shows that two things are moving in the right direction. Employment is up, unemplo...