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Ray Dalio Wall Street stocks will take a 20% hit

  “I estimate that a rise in rates from where they are to about 4.5% will produce about a 20% negative impact on equity prices,” 

Behind this prediction is the Bridgewater Associates founder belief that the market is severely underestimating where inflation will end up — at 2.6% over the next 10 years versus what he sees as 4.5% to 5% in the medium term, barring shocks.

MarketWatch 15 September 2022


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