(Bloomberg) — Investors should stay wary of US stocks and bonds as inflation remains a threat and recession looms, according to Rebecca Patterson, chief investment strategist at Bridgewater Associates. Most Read from Bloomberg The stock market, which finished its best month since November 2020, has mistakenly given the benefit of the doubt to the Federal Reserve’s ability to engineer a soft landing, as officials try to cool inflation by raising rates without triggering a recession,… Source link
Read More »Markets Face Downside After July Jump: Bridgewater’s Patterson
