The next downturn in global growth is a daunting prospect for financial markets, according to the billionaire founder of the world’s largest hedge fund. Comments by Bridgewater Associates’ Ray Dalio on Tuesday come at a time when investors are increasingly concerned about a serious global economic slowdown, with a long-running U.S.-Sino trade war souring business and consumer sentiment. “What scares me the most longer term is that we have limitations to monetary policy — which is our most valuable tool — at the same as we have greater political and social antagonism,” Dalio said during a panel discussion at the World ... (full story)