Ray Dalio denies WSJ report hedge fund Bridgewater has bearish bet

Ray Dalio denies WSJ report hedge fund Bridgewater has bearish bet

Bridgewater Associates’ Ray Dalio said on Friday his hedge fund does not have a net bet that the stock market will fall, contesting a story published in the Wall Street Journal. The hedge fund has bet more than $1 billion that stock markets around the world will drop by March, the WSJ said in a report. ’To convey us having a bearish view of the stock market would be misleading’, Dalio said.

Kathy
Kathy
Hannibal
Hannibal 3 months

That's precisely what a person would say with a large short position. You can't spring the trap until it's too late. To be fair, this is a good time to sell when the rubes are snatching up shares at a premium. Then you buy recession-proof stocks that did well during the 2008 crash. If it don't make dollars it don't make sense.

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