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Bridgewater’s Ray Dalio Says ‘I’m Not Bearish on Stocks’

  • Dalio sees global stocks rising about 4% in the long-term
  • Hedge fund founder doesn't see another crisis like 2008
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Bridgewater's Ray Dalio: I'm Not Bearish on Stock Market

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Ray Dalio, the head of the world’s largest hedge fund, said investors should expect low returns and volatile financial markets, but not another financial crisis like the one in 2008.

“I’m not bearish on stocks,” Dalio said in an interview Thursday with Bloomberg Television’s Erik Schatzker from Austin, where he’s attending a conference hosted by the University of Texas Investment Management Co. “I’m not expecting something like 2008 because 2008 was a debt crisis."