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Ray Dalio says watch out for rates hitting this level as Wall Street stocks will take a 20% hit

Ray Dalio says watch out for rates hitting this level as Wall Street stocks will take a 20% hit

After that CPI shock earlier in the week, Wall Street is bracing for a fresh batch of data, including retail sales, on Thursday with a deeper and deeper inversion in the yield curve between bonds at 2 and 10 years giving increasingly gloomy economic signals. There is good news, however, as a disastrous rail strike …

Ray Dalio says watch out for rates hitting this level as Wall Street stocks will take a 20% hit Read More »