A billionaire investor at the world's biggest hedge fund says the US economy is headed for '20 years of ugliness'

Photo: HECTOR RETAMAL/AFP/Getty Images
  • Bob Prince, the co-chief investment officer at Bridgewater Associates – the world’s biggest hedge fund – gave an exclusive interview to Business Insider last week at the World Economic Forum’s Annual Meeting in Davos, Switzerland.
  • Prince explained why the economy is headed for “20 years of ugliness,” rather than an acute recession to rival the 2008 financial crisis.
  • He also outlined his views on what’s next for the US market and economy now that the Federal Reserve is scaling back monetary tightening.

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