So says Bridgewater's CIO Ray Dalio out on Bloomberg
- US$ will be strong temporarily
- currently seeing a short squeeze on USD
- Fed not paying enough attention to long-term debt cycle. Looking at short-term
- market movement will be a negative for economy
- QE saved the world economy
Another voice expressing concern over the Fed's decision to hike, a view that supports BOE Carney's reluctance to follow suit.