BRIDGEWATER
Bridgewater Associates, the world’s largest hedge fund, has ramped up its short positions in European equities in recent weeks, bringing their total value to an estimated $22 billion. The Westport, Conn., company founded by Ray Dalio has shorted companies that range from German industrial conglomerate Siemens (ticker: SIE.Germany) and auto maker Daimler (DAI.Germany) to French oil giant Total (FP.France) and Italian bank Intesa Sanpaolo (ISP.Italy).
https:// www.barrons.com/articles/whats-behind-bridgewaters-22-billion-short-1519437476
>>480458
"bridge" + "watch the water"