This Billionaire Investor Who Predicted the Financial Crisis Says His Seven Bubble Indicators Are ‘Flickering’

Sep 14, 2018, 01:16 AM

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One of America's wealthiest hedge-fund managers says his favorite indicators of economic trouble are 'flickering' and that the stock market could be in trouble.

Billionaire investor Ray Dalio runs the world's largest hedge fund, Bridgewater Associates, which manages about $160 billion in assets. He recently told Bloomberg Bussinessweek that seven bubble indicators he regularly tracks are "flickering but not flashing," and that he expects a recession to hit in the next few years.