Since the beginning, we said that that would be a terrible idea. It's such a beautiful place and we need to keep what we have, - Rebecca Patterson

it is premature to presume that Mr. Powell will pivot into a dovish stance, given commodities and housing have seen some cooling. "The Fed's in a really unenviable place, if they tighten too much, they risk exacerbating the recession," she said. "If they don't tighten enough, they're not going to get inflation where they want it and they could risk their credibility."

Bridgewater is "bearish on equities broadly, including the United States, including Europe,"

After three years of working with incredibly talented, dedicated, and caring colleagues during unprecedented times for the global economy and markets, I have decided to explore my next chapter at the end of this year.