Economics

Bridgewater’s Jensen Says Stagflation Is ‘Real Risk’ to Assets

Greg Jensen in 2015.

Photographer: Simon Dawson/Bloomberg

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While inflation concerns mount for the U.S. economy, the real danger may be the combination of rising prices and a stagnating economy, said Bridgewater Associates co-Chief Investment Officer Greg Jensen.

“The problem is stagflation -- that’s the real risk, and so many portfolios are massively exposed,” Jensen said Wednesday at the Bloomberg Invest virtual conference.