Archive for August, 2013

DNA India: US, Europe turning around – that’s a problem for India

“The eye of the storm is directly above emerging markets now, two years after it hovered over Europe and four years after it hit the US,” said Stephen Jen, co-founder of hedge fund SLJ Macro Partners LLP in London and former head of foreign-exchange strategy at Morgan Stanley. “This could be serious for Asia.”

Read the original article on the ‘DNA India’ website.

WSJ: Doubts Arise Over U.S. Dollar’s Strength

A sustainable rally probably won’t emerge for several months, says Stephen Jen, founding partner of London hedge fund SLJ Macro Partners LLP.

“The dollar needs confirmation that this economic divergence is indeed playing out,” Mr. Jen said. “We need to see better data in the U.S., and we need to see weak data in the rest of the world. If this thesis is undermined, then the dollar will struggle.”

Read the original article on the ‘Wall Street Journal’ website.