officer at Bridgewater, Bob Price says last week’s turbulence will
- global markets entering a new era of volatility
- world adjusting to higher interest rates
- “There had been a lot of complacency built up in markets over a long time, so we don’t think this shakeout will be over in a matter of days”
- “We’ll probably have a much bigger shakeout coming”
Link to the full article is here, may be gated
Front Page of Monday’s Financial Times. The pic at the top of the chap in the funny hat is not Bob Prince in case you are wondering. It looks like that chap is saying the market is going up?