There is no Mr. Wolf for the global financial system
You can’t say no one warned her. There were plenty of smart guys who tried to dissuade the Federal Reserve from hiking rates last December. Bridgewater’s Ray Dalio warned of a “1937 style mistake.” Doubleline’s Jeffey Gundlach made speech after speech about the economy’s inability to handle higher rates. Larry Summers even started a high profile blog to…