Billionaire investor Ray Dalio says stocks still aren't pricing in the Fed pushing rates near a 'very harmful, very damaging' level

Dec 7 2022 by Business Insider

 
Ray Dalio

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Stocks haven't priced in the Fed pushing rates near a "very harmful, very damaging level," Ray Dalio said. The billionaire investor estimated the Fed may raise rates to 5%-5.5%, which could weigh heavily on all markets, but especially stocks. That damage also hasn't been priced in yet, as markets are expecting a fall in inflation and a fall in rates, he warned.

Markets aren't pricing in the Federal Reserve pushing rates toward a "very harmful, very damaging...

Continue Reading Billionaire investor Ray Dalio says stocks still aren't pricing in the Fed pushing rates near a 'very harmful, very damaging' level