Hugh Hendry: The Fed Doesn't Know What It's Doing

Hugh Hendry, founding partner of hedge fund Eclectica Asset Management, says the Federal Reserve doesn't know what it's doing. He speaks on "Bloomberg Markets: European Close."

[alohatraveler]

This is what the world gets when David Spade goes on a edible mushrooms bender in Scotland for three weeks. We need more of this

[savlatkhuseynov]

Funny dude I would like to hear more from him. I am tired of listening 24/7 suits sayings same thing over and over.

[sanpedrosilver]

These financial channels need more people like Hugh. Good, common sense..

[sangEta]

"Bernanke Believes Housing Mess Contained"
- Forbes (17th May 2007).

"Fed's Yellen expects no new financial crisis in 'our lifetimes'"
- Reuters (27th June 2017)

"Fed's Powell Says 1970s Inflation 'Very, Very Unlikely'"
-  Bloomberg (22nd June 2021).

[chillones]

This version of Brave-heart had me on the edge of my seat. You can never take our Freedom.

[jimbojimbo]

This guy is always hilarious

Love when he comes on the show

[chrisginoc]

"Tell me the last time the Federal Reserve got things right?" That one hit me. They dropped rates in 2020 then held them low for too long saying inflation is "transitory" and gave too much stimulus. The FED alwags over reacts

[Hope-is-not-a-strategy]

Finally, someone talking sense!!! Good man Hugh!!!

[bigticket]

Would love to see Hugh, Larry Summers and Peter Schiff in an interview. They would shake the trees bare!

[jupiterjames]

This guy needs a medal for turning 1.3 billion dollars to 30 million dollars...

[zoeytank]

Times have changed and now stock market is all about pump and dump leaving retailers as bag holders. Bag holders turned to long term investors will still bag hold and stock might go to zero. There is too much news, too many analysts, too many factors, too many firms, insiders influencing the stock price. Retailer money is being sucked. I made $245k combined net last year and paid no Federal taxes, but i need some advise from a pro on how to move going forward

[emreon]

Right On! Homeboy Hendry is BACK! Exciting to watch - Hendry was right years ago - its good to have him back.

[PRU]

I think he is one of the 5 people in the world who understand heavy drugs

[AerialPenn]

This guy does good interviews. Would have liked for it to be Jon Ferro doing the interview but this is good too.

[drmodestoesq]

The problem is when Hendry says, "Just get out" is that you're not just getting out. You're taking a position in U.S. dollars or Euros or some sort of fiat currency.
And that means that you're purchasing power is going to be eroded away at a high rate. It's not 2009.

[landkomtur]

Bold. As a long time Hugh Hendry fan I say this is his true personality shining through. And I like it.

[__Orz__man]

Finally someone who knows what they’re talking about!

[dukemitchell]

Best interview this year great job @Bloomberg Markets and Finance

[pauldevincenti]

This guy is one of the most astute watchers of markets

[Plaga]

So good Hugh, bring him back for future interviews. Better than suit guys talking nonsense