Giant US hedge fund raises bet against Europe to €10bn
Bridgewater is targeting 28 companies including Adidas and Siemens
Source: telegraph.co.uk
Stay updated with breaking news from Greg Jensen. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Bridgewater is targeting 28 companies including Adidas and Siemens
"So we think you're in for a secular bear market in the dollar once you get past the current speed of the Fed tightening," Greg Jensen said.
The S&P 500 eked out a slight gain Friday but ended the week down 5.8%, marking the biggest plunge since March 2020.
"We're in a radically different world," Bridgewater co-CIO Greg Jensen told the Financial Times. "We're approaching a slowdown."