(CNBC) Ray Dalio, founder of Bridgewater Associates, is feeling OK about markets and the economy right now, but he is getting really worried about the future.”Big picture, the near term looks good and the longer term looks scary,” Dalio wrote in a LinkedIn blog post Friday.”We fear that whatever the magnitude of the downturn that eventually comes, whenever it eventually comes, it will likely produce much greater social and political conflict than currently exists,” he said.
Manager of the World’s Biggest Hedge Fund Says the Long-term Economic Picture ‘Looks Scary’
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