Why Ray Dalio Is VERY Pessimistic About Global Economy In 2024

#raydalio #globaleconomy

No one likes losing money, not even those with billions to spare. Even the richest investors in the world can't sleep at night because they're afraid of a bear market. A bear market is when stock prices drop by at least 20% over two months or more. In 2024, let's find out why they are so negative about the world economy. According to the heads of major Wall Street banks and global investment managers who are in charge of trillions of dollars, the current international tensions, the growing US budget deficit, and the high interest rates could hurt the already weak global economy even more.

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