Ray Dalio’s co-chief rang the alarm on inflation, recession, and a global financial bubble this week. Here are the 10 best quotes.

Greg Jensen warned the Fed’s rate hikes could spark a market downturn and a deep recession. The Bridgewater Associates boss predicted stubborn inflation, slower growth, and weaker earnings. Jensen said the US is at the center of a global financial bubble that may be about to burst. He also argued the pandemic has permanently transformed the world, and highlighted regions and markets where he sees bargains. Here are Jensen’s 10 best quotes, lightly edited for length and clarity, from the SALT hedge fund conference in New York.

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