Speaking ahead of the Fed meeting, investment veteran Patrick Armstrong believes the Fed is unlikely to keep hiking rates indefinitely.
"I think consensus probably has the Fed getting to 4.25% in March next year, and then probably pausing.
Armstrong is co-fund manager of the Prosper Global Macro fund , a diversified multi-asset fund with an inflation beating mandate.
The fund was up 4.8% as of the end of August, outperforming major indexes in both the U.S. and Europe.
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