How worried should businesses, investors, and policymakers around the world be about the end of near-zero interest rates and the start of the first monetary-tightening cycle since 2004-2008?Small and gradual increases in the US policy rate won't be earth-shaking. A lot of it has already been priced in.
Project Syndicate
Don’t Fear a Rising Dollar
Anatole Kaletsky | Chief Economist and Co-Chairman of Gavekal Dragonomics, and a former columnist at the Times of London, the International New York Times and the Financial Times.
Should be interesting. These GavKal guys got everything wrong during QE. They were of the crashing dollar/hyperinflation/buy gold/sell Treasury camp.
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