Monday, August 24, 2015

Forget Rate Hikes: Bridgewater Says QE4 Is Next; Warns World Is Approaching End Of Debt Supercycle

Leading to the conclusion that "We Believe That the Next Big Fed Move Will Be to Ease (Via QE) Rather Than to Tighten"

Odd, that: it's precisely what we have been saying since the announcement of the taper in 2013.

As for why stocks just took a major leg down once the letter hit, Dalio's warning that the era of easy debt-funded returns is over, appears to be striking a chord .... http://www.zerohedge.com