If the Federal Reserve stays on its current course of major interest rate hikes, stocks may drop another 25%, according to a top executive at Ray Dalio’s Bridgewater Associates hedge fund.
Bridgewater Associates co–chief investment officer Greg Jensen said inflation is not going away, which could force the Fed to continue hiking interest rates, likely more than Wall Street currently anticipates.
“We’re in a radically different world,” Jensen said in an interview with…
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