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Billionaire Ray Dalio: ‘Misery and turbulence’ ahead after inflation hits 31-year high — here are 3 shockproof stocks he’s leaning on now

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November 17, 2021
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With just seven weeks left in 2021, Wall Street’s big names are firming up their year-end forecasts. Mike Wilson, chief U.S. equity strategist at Morgan Stanley, has set a 4,400 target for the S&P 500 by the end of 2022. That implies a fall of 6% from current levels. In his forecast, Wilson points out the factors that are likely to weigh on the markets, including “uncertainty around that expectation goes up materially given cost pressures, supply issues, along with tax and policy uncertainty tha

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