The world’s largest hedge fund is betting big against Europe

Ray Dalio’s Bridgewater Associates has upped its bet against European stocks to $22 billion. The world’s largest hedge fund has short positions on some of the continent’s largest and most recognizable companies, including Adidas, Deutsche Bank and Daimler

Bridgewater Associates, the world’s largest hedge fund founded by billionaire Ray Dalio, has upped its bet against European stocks, according to regulatory documents filed Wednesday.

The Connecticut-based fund, which manages about $150 billion, has a total

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