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Hedge Funds Support Tim Geithner for Fed Top Job

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Former U.S. Treasury Secretary Tim Geithner shouldn’t be ruled out as a candidate for the next Federal Reserve chairman, according to delegates at a big U.S. hedge fund event in Singapore.

Ben Bernanke’s term as chairman of the U.S.central bank ends in January and President Barack Obama is expected to announce his nomination for the next Fed chief soon.

Delegates at the Skybridge Alternatives(SALT) Conference believed Geithner at the Fed would mean more accommodative and pro-stimulus measures from the central bank.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza

@alfonso_forex

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