The U.S. is perilously close to entering a formal economic recession and could well be facing something much worse on the horizon, a billionaire investing expert warned Sunday.
Ray Dalio, founder of Bridgewater Associates, appeared on NBC’s Meet the Press, where he warned that the “disruptive” nature of Donald Trump’s tariff announcements were causing market instability and was making it difficult for both U.S. business and global trading partners to rely on the America.
