From Josh Brown:
Business Insider yesterday:
Bridgewater Associates expects a 10.4% drop in the US equities market should Trump win the presidency, according to an investor note sent Tuesday obtained by Business Insider.
A Clinton win would boost the market 2.3%, according to the note.
10.4% is weak. Give me 10.4557564% or something. Put some meat on those bones.
Also, good call.
By the way, Bridgewater’s Ray Dalio is maybe the smartest investor alive. That should tell you everything you need to know about stock market returns forecasts.
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