Bridgewater Founder Warns of Recession
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financial crisisMoneywise
•US Politics
US Politics
Billionaire investor Ray Dalio says Trump may be catapulting US toward a world order ‘very much like the 1930s
66% Informative
Ray Dalio is the founder of Bridgewater Associates , one of the world’s largest hedge funds.
Dalio believes President Donald Trump ’ economic agenda could lead to “something worse than a recession” A recession is typically defined as two consecutive quarters of negative GDP growth.
A much more “profound” change would be a breakdown of the current monetary order.
If you’re a young investor, you still have time for the market to recover, so avoid panic selling.
You may want to adjust your retirement strategy - and adjust your risk tolerance to match that strategy.
This article provides information only and should not be construed as advice.
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