Business Insider: Asset Markets Will Tumble 20%-25% as the Fed's Tightening Has Yet to Be Fully Priced in, Says the CIO of Ray Dalio's Bridgewater
Article by Brian Evans in Business Insider
Assets could fall another 20% to 25% as the Federal Reserve's drive to tame inflation with tightening hasn't been fully priced in yet, Bridgewater co-Chief Investment Officer Greg Jensen told Bloomberg TV.
Market conditions still reflect assumptions that inflation will slow dramatically toward the Fed's 2% target in the next 18-24 months amid a stable economy and earnings landscape, he said.
But reality will eventually set it, with.......
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