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Description: After that CPI shock earlier in the week, Wall Street is fielding a fresh batch of data on Thursday, with the headline retail sales number coming in stronger than expected. And a disastrous rail strike may be inverted.

Source: MarketWatch.com

Date: Sep 06, 2022

Link: https://www.marketwatch.com/story/ray-dalio-says-watch-out-for-rates-hitting-this-level-because-wall-street-stocks-will-take-a-20-hit-11663239288?siteid=yhoof2

Questions for discussion:

  • What is the basis for Ray Dalio’s dire predictions?
  • Do you agree with his assessment?
  • What would you advise investors do at this time?

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