Comments from Greg Jensen, co-CIO of Bridgewater Associates

  • forecasts 'significantly weaker, near recession level growth' in 2019
  • Says financial markets 'not pricing in' 2019 US growth close to 1 percent; GDP 'little bit lower' for the rest of the developed world next year
  • Says cash will continue to be 'viable alternative' to US stocks, bonds in 2019
  • Says Bridgewater is 'bearish on equities' but it's a part of a diversified set of positions across asset classes
  • Says because financial system is not as levered as it was, 'we don't expect a financial crisis like we experienced in 2008'

Headlines via Reuters