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Stockreport

Bridgewater's Dalio sees a 70% chance of a US recession before 2020 [CNBC]

COMCAST (CMCSA)  More Company Research Source: CNBC
Last comcast earnings: 7/26 07:00 am Check Earnings Report
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PDF Ray Dalio thinks there is a relatively high chance the U.S. economy will stumble into a recession before the next presidential election in 2020. Dalio said the U.S. economy is not currently in a bubble, but he said it might not take long to get there and then to move on to a bust phase. Published 59 Mins Ago Reuters Scott Mlyn | CNBC Ray Dalio, Bridgewater Associates Billionaire investor Ray Dalio , who founded world's largest hedge fund Bridgewater Associates, thinks there is a relatively high chance the U.S. economy will stumble into a recession before the next presidential election in 2020. Dalio said the U.S. economy is not currently in a bubble. But he reasoned that it might not take long to get there and then to move on to a bust phase. I think we are in a pre-bubble stage that could go into a bubble stage ... The probability of a recession prior to the next presidential election would be rel [Read more]

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