Ray Dalio say Rates at 4.5% sink stocks by 20%

Ray Dalio does the math: Rates at 4.5% would sink stocks by 20%

He has done the math as this article states:

This article may be banned where you live so try Tor browser to see it. Anywaysm this what Ray Dahlio said:

“It looks like interest rates will have to rise a lot (toward the higher end of the 4.5 per cent to 6 per cent range),” the billionaire founder of Bridgewater Associates LP wrote in a LinkedIn article dated Tuesday. “This will bring private sector credit growth down, which will bring private sector spending and, hence, the economy down with it.” 

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