Parts of the U.S. equity market are in a bubble, but shorting too early is the “easiest place to die” for an investor, according to Bridgewater Associates LP’s co-chief investment officer Greg Jensen.
Jensen joined Bloomberg’s “What Goes Up” podcast to discuss this week’s Federal Reserve meeting and how ample liquidity from the central bank, combined with a booming economic rebound, make conditions ripe for markets to get more bubbly.
Below are lightly edited highlights of the conversation. Click here to listen to the full podcast, or subscribe on Apple Podcasts, Spotify, or wherever you listen.
