Bridgewater’s flagship fund was bearish on US stocks as rally fizzled 


Business & Finance

Reuters exclusively reported that Bridgewater Associates’ flagship fund had a bearish view on U.S. stocks in late July just as a rally that saw the benchmark S&P 500 soar this year was about to lose steam, according to a presentation to investors seen by Reuters. 

Market Impact

The July 25 investor briefing, a part of which was seen by Reuters and had not been previously reported, showed the hedge fund founded by legendary investor Ray Dalio was “moderately” bearish on U.S. stocks and Treasuries in its Pure Alpha pool. 

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Business & Finance

Regions: Americas

Countries: United States

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

Source link