'Unlikely' Fed Will Hike by 100 Bps Next Week - Citi

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Rates Going to 4.5% Would See Stocks Fall by 20% - Ray Dalio

September 15, 2022 6:09 AM EDT

Ray Dalio, co-chief investment officer and founder of Bridgewater Associates, sees the risk of U.S. equities falling below June lows as the Fed continues to aggressively tighten its monetary policy.

Dalio believes inflation in the U.S. over the next 10 years will be around 4.5% - 5% long term,... More