Hedge fund titan Ray Dalio says if the Fed goes overboard on rate hikes, watch out

There's no obvious sign pointing to a big economic decline unless the Federal Reserve gets too aggressive in raising interest rates, Bridgewater Associates founder Ray Dalio told CNBC on Tuesday. "There's no compelling reason to tighten monetary policy," the billionaire said on "Squawk Box." "The...

Hedge fund titan Ray Dalio says if the Fed goes overboard on rate hikes, watch out