Bridgewater Associates is short against 28 European stocks resulting in $10.5B in short positions. Its most bearish stance against the region's stocks in two years. However, it is unknown whether Bridgewater’s shorts are outright bets against the stocks, or part of a hedge.
Dalio’s firm is generally bearish on the global economy and has already positioned itself against sell-offs in US Treasuries, US equities and both US and European corporate bonds.