Billionaire investor Ray Dalio believes the U.S. stock market is not in a speculative bubble.
The founder of Bridgewater, one of the world's largest hedge funds, analyzed the market based on his bubble criteria, which includes valuation, sentiment, new buyers and unsustainable conditions. 'When I look at the U.S. stock market using these criteria, it — and even some of the parts that have rallied the most and gotten media attention — doesn't look very bubbly,' he said in a new LinkedIn post published Thursday.
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