Ray Dalio says the impact of the coronavirus outbreak on markets has been exaggerated and is likely to be short lived. Investor concerns over the pandemic “probably had a bit of an exaggerated effect on the pricing of assets because of the temporary nature of that, so I would expect more of a rebound,” Dalio, the billionaire founder of Bridgewater Associates speaking at the 2020 annual Milken Conference in Abu Dhabi on Tuesday, billionaire hedge fund mogul Ray Dalio added that he expects “more of a rebound” because he qualified the spread of the virus as of “temporary nature.” His opinion came as an opposite view against many of the financial analysts who warned the disease “could evolve into something worse than the flu”, while some even expect that the coronavirus outbreak could drive China into some type of technical recession, which might make a negative impact on the global level. Meanwhile, the world-wide statistics on coronavirus revealed the total deaths from the disease reached 1,018 cases while the number of infected people surpasses 43,000. “It most likely will be something that in another year or two will be well beyond what everyone will be talking about.” Nick Note: Their you have it fro MR One Trick Pony.. Who after he spoke to me shorted the MBA market…. Then proceeded to throw me under the bus. Point of fact he has been wrong ever since… So let the contest begin. I say the Corona virus is a great big threat to the market. far from exaggerated… it is way way misunderstood and a show stopper for Wall Street