Bridgewater: Japan's Stock Sell-off Overdone, Equities Still Attractive
Bridgewater Associates informed investors that Monday's drastic sell-off in Japan's stocks was exaggerated. The $112.5 billion global macro hedge fund believes that the significant drop did not align with fundamental economic conditions. According to sources familiar with the commentary, Bridgewater considers Japanese equities somewhat attractive despite the recent turmoil. The hedge fund did not immediately respond to requests for comments on their analysis.
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