Bridgewater Associates' dour outlook for the global economy - "What you have is a picture of...
Bridgewater Associates' dour outlook for the global economy - "What you have is a picture of broken economic systems that are operating on life support" - does not mean stocks aren't a good buy. Co-CIO Robert Prince suggests equities are already pricing in a decade or more of weak growth. If "air pockets" such as Europe blowing up can be avoided, "chances are equities are a pretty good bet."
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