ADVERTISEMENT
Dalio, Blankfein See Opportunity and Potential for Recovery
Dalio, Blankfein See Opportunity and Potential for Recovery
09 Mar 2020, 10:56 PM IST
(Bloomberg) -- Ray Dalio and Lloyd Blankfein tweeted words of encouragement amid the market slide, with the Bridgewater Associates founder saying “look for the opportunities” and the former Goldman Sachs CEO stressing the U.S. economy’s strength.
While the first priority is guarding against “the risk of ruin,” Dalio said, people tend to ignore opportunities in turbulent times.
Blankfein said “fear” may drive further losses in markets “but expect quick recovery when health threat recedes.”
To contact the reporter on this story: Jim Silver in New York at jsilver@bloomberg.net
To contact the editors responsible for this story: Polina Noskova at pnoskova@bloomberg.net, Linly Lin
©2020 Bloomberg L.P.
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT