Billionaire Ray Dalio warns stocks could plunge 20% if interest rates rise to 4.5% - Fox Business
Ray Dalio, the founder of Bridgewater Associates, said in a post this week that interest rates will need to rise substantially in order to fight inflation.
Billionaire Ray Dalio, the founder of one of the world's largest hedge funds, warned that stocks could tumble even lower this year after the hotter-than-expected August inflation data rattled markets… [+3504 chars]
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