by JL Yastine
The Sovereign Investor
The tremor that shook the stock market in recent days — namely the fear of higher interest rates from the Federal Reserve — remains a key focus here in Bermuda at the Total Wealth Symposium.
It remains to be seen whether the Fed will actually follow through on any of its jabbering, though.
But here in Bermuda, our own Jeff Opdyke told attendees that he believes that any effort to substantially hike interest rates would likely result in a debt or currency emerging-market crisis.