A billionaire investment chief at the world’s biggest hedge fund explained to us why the economy is headed for ’20 years of ugliness’ — even if a major recession is avoided
|01/29/2019||Posted by BusinessMediaguide.Com under General World News||
- Bob Prince, the co-chief investment officer at Bridgewater Associates — the world’s biggest hedge fund — gave an exclusive interview to Business Insider last week at the World Economic Forum’s Annual Meeting in Davos, Switzerland.
- Prince explained why the economy is headed for “20 years of ugliness,” rather than an acute recession to rival the 2008 financial crisis.
- He also outlined his views on what’s next for the US market and economy now that the Federal Reserve is scaling back monetary tightening.
DAVOS, Switzerland — Not all economic recessions are created equal.
While that may seem like an obvious statement, the read more >>>