Ray Dalio, founder of Bridgewater Associates, warns that the US stock market's buffer is running out and the bond bear market is not over.

Ray Dalio, founder of Bridgewater Associates, told CNBC during an interview at the Milken Institute Asia Summit in Singapore that U.S. stocks’ ability to withstand the earlier bond market selloff mainly relied on their relative return advantage driven by corporate earnings growth. But as both stock prices and U.S. Treasury yields rise, this buffer is weakening, and credit spreads have started to widen. Current financial conditions have not yet tightened enough to significantly curb credit and sp

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