RAY DALIO: There will be 'big, bad outcomes' if the ECB doesn't keep buying bonds (EUR)
There will be "big, bad outcomes" if the European Central Bank prematurely reduces its bond-buying program designed to support the economy, according to Bridgewater Associates founder Ray Dalio and his colleagues.
Dalio and his colleagues Bob Prince, Karen Karniol-Tambour and Melissa Saphier sent a note to clients on Friday titled: "Tapering by the ECB would be very bad for Europe's economy, its assets, and its unity."
Business Insider obtained a copy of the note. In it, Bridgewat
Read more »