When growth is slower than expected, stocks go down. When inflation is higher than expected, bonds go down. When inflation's lower than expected, bonds go up.
Ray Dalio
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This page presents the quote "When growth is slower than expected, stocks go down. When inflation is higher than expected, bonds go down. When inflation's lower than expected, bonds go up.". Author of this quote is Ray Dalio. This quote is about growth, inflation, higher, expected,.