Bridgewater Associates is bearish on nearly every financial asset, it said in a recent note to clients. "2019 is setting up to be a dangerous period for the economy," the giant hedge fund said. The firm said earlier this month that a major driver of the stock market is nearing its end. Bridgewater Associates, the world's largest hedge fund, is sounding the alarm on nearly every financial asset. "We are bearish on almost all financial assets," the firm said in a note to clients last week that was seen by Business Insider and first reported by ZeroHedge.