Billionaire Ray Dalio, founder of Bridgewater Associates, said the US is seeing stubbornly high inflation along with elevated real interest rates...
He said while interest rates won't go much higher, the economy will get worse.
Billionaire Stan Druckenmiller said he expects that AI is here to stay.
The billionaire says stocks will end the year higher even as the economy slows.
The founder of the Duquesne Family Office says the downturn should occur sometime in this quarter.
Even so, the number of firms beginning with at least $1 billion now is smaller compared with the years preceding the 2008 financial crisis.
The decline prompted SkyBridge investors to ask for more than half their money back.
David Einhorn's $2 billion Greenlight Capital focuses on undervalued stocks.
Scott Bessent sees the Bank of Japan ending more than a decade of aggressive easing.
Back-to-back downswings at some stock funds created huge dollar losses.