(FXstreet) Ray Dalio, the founder of $160 billion Bridgewater Associates, is less concerned that before about the odds of the US entering recession before the 2020 presidential election. “I still expect that there will be a significant slowing of growth in the U.S. and most other countries, I have lowered my odds of a U.S. recession coming prior to the U.S. election to about 35%,” Dalio wrote in a LinkedIn blogpost Wednesday evening.
Hedge Fund Titan Ray Dalio Has Lowered His Odds of US Recession before 2020 Election
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