Ray Dalio's Bridgewater predicts another 20% to 25% drop for the markets
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The Fed's aggressive rate hike has had a huge impact on the stock market.
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Experts include Ray Dalio, founder of Bridgewater Associates, the world's largest hedge fund.
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In a LinkedIn post in June, Dalio warned that a tightening of the Fed could lead to a deadlock - an economic situation marked by high inflation,
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But without strong economic growth and the work that usually joins it.
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In the long run, the Fed will most likely chart a middle path that will turn into a deadlock.
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And earlier this week, Bridgewater's co-chief investment officer Greg Jensen told Bloomberg that the Fed's bullish stance is still not fully evaluated.
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Overall, let's say the asset market is down 20% to 25%," predicts Ray Dalio's Bridgewater.