Bridgewater's Prince Sees US in 70s-Era Boom-Bust Cycle

Bridgewater's Prince Sees US in 70s-Era Boom-Bust Cycle

On January 17, 2023, the Youtube channel of Bloomberg Markets and Finance released a new content that caught our attention, this article will be able to give a spotlight on it and why not make you discover this video.

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The video is currently in vogue on the web and could be at the top of the trends on Google's VOD platform. After it was uploaded just 30 minutes ago by the Youtube channel Bloomberg Markets and Finance, many Internet users started to watch it with great interest. It is often like that on this channel which regularly publishes videos similar to the one we are talking about today.

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For your information, you can find below the description of the video Bridgewater's Prince Sees US in 70s-Era Boom-Bust Cycle published by the Youtube channel Bloomberg Markets and Finance:

Bob Prince, co-chief investment officer at Bridgewater Associates, says it is unlikely that the Federal Reserve's policy tightening will lead to a "painless" return to a US economy similar to the last decade. "What's actually happening is more like the 70s, more like the boom-bust cycle. And so it's unlikely that we have kind of a one and done painless tightening," he says at the World Economic Forum's annual meeting in Davos, Switzerland on "Bloomberg Markets."

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