Bridgewater bets more than $1 billion on global equity pullback by March
November 22, 2019 at 06:21 AM EST
The wager, assembled over a span of months and executed by a handful of Wall Street firms, including Goldman Sachs Group Inc. and Morgan Stanley, would pay off for the world’s biggest hedge fund if either the S&P 500 and the Euro Stoxx 50 —or both—declines, some of the people said.