(Bloomberg) — Ray Dalio says the impact of the coronavirus outbreak on markets has been exaggerated and is likely to be short lived.Investor concerns over the pandemic “probably had a bit of an exaggerated effect on the pricing of assets because of the temporary nature of that, so I would expect more of a rebound,” Dalio, the billionaire founder of Bridgewater Associates, said at a conference in Abu Dhabi on Tuesday. “It most likely will be something that in another year or two will be well beyond what everyone will be talking about.”As manager of the world’s biggest hedge fund, …read more
Source:: Yahoo Finance
