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“Bridgewater’s Ray Dalio Expects Stocks to Fall 20% if Rates Rise to 4.5%”

“…Billionaire Ray Dalio, founder of one of the world’s biggest hedge funds, has predicted a sharp plunge in stock markets as the U.S. Federal Reserve raises interest rates aggressively to tame inflation.

“I estimate that a rise in rates from where they are to about 4.5 percent will produce about a 20 percent negative impact on equity prices,” Bridgewater Associates’ founder Dalio wrote in a LinkedIn post on Tuesday…”

https://money.usnews.com/investing/news/articles/2022-09-15/bridgewaters-ray-dalio-expects-stocks-to-fall-20-if-rates-rise-to-4-5

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