Add Ray Dalio’s Bridgewater Associates to the list of those documented to have raised concerns in China in the weeks preceding what some are calling the early stages of a value re-adjustment, while other professional investors are less obliquely calling it the potential sound of a prick, a market bubble popping.
Bridgewater Raises China Concerns Before Stock Slide
In a monthly update presentation delivered June 4, the slides of which were reviewed by ValueWalk, Bridgewater noted significant concerns regarding China. The world’s largest hedge fund said China was in the “midst of a massive, risky economic transformation” as it reviewed “key observations” of the global economic landscape. Bridgewater said the Asian nation was “slowing as the government shuts down inefficient lending."
[klarman]
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