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Ray Dalio says watch out for rates hitting this level as Wall Street stocks will take a 20% hit

Ray Dalio says watch out for rates hitting this level as Wall Street stocks will take a 20% hit

After that CPI shock earlier in the week, Wall Street is showing a fresh batch of data on Thursday, with the overall retail sales figure coming in stronger than expected. And a disastrous rail strike can be reversed. But there is little to cheer billionaire investor and hedge fund manager Ray Dalio who, in our …

Ray Dalio says watch out for rates hitting this level as Wall Street stocks will take a 20% hit Read More »