Hedge fund billionaire: 70% chance of recession before 2020 election
(CNN Money) — The roaring American economy will probably sink into a recession before President Trump stands for re-election in 2020. At least that’s the view of Ray Dalio, the billionaire investor who predicted the 2008 financial crisis. “The probability of a recession prior to the next presidential election would be relatively high, 70% or something like that,” Dalio said on Wednesday evening during an appearance at the Harvard Kennedy School’s Institute of Politics. Dalio, the mercurial chairman of hedge […]...
Published By: Fox 17 - Thursday, 22 February, 2018
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