Ray Dalio said many major economies such as UK, the EU, China and Japan are on unsustainable paths, advising investors to diversify across asset classes, reduce exposure to debt, hold gold and 'a bit of Bitcoin' to hedge against any debt crises.
Ray Dalio called the supply-demand issue around US debt of 'paramount importance', and said, "You are going to see shocking developments in terms of how that’s going to be dealt with."
Should US inflation move closer to 3%, Trump may be inclined to nominate a Federal Reserve chairman who would accommodate the higher target and free him to cut rates, Bridgewater Associates Co-Chief Investment Officer said.
Bridgewater has 400 staffers focused on mapping out how certain events will impact markets and the firm still gets 40% of its calls wrong, Bar Dea said at the Qatar Economic Forum
The founder of one of the largest hedge funds in the world tweeted about how he managed to "squeeze a whole lot more life into life".
Billionaire Investor Ray Dalio raises concerns about overpriced US stocks and looming economic and political uncertainties.
Given the debt levels, Dalio's apprehensions include a scenario where the crisis could potentially push economic growth dangerously close to zero, fluctuating within the narrow range of 1 to 2 percent.
The billionaire investor warned that these trends could pose a significant risk to the financial system as the failure of one large firm could trigger a domino effect that could spread throughout the entire market.
The founder of Bridgewater Associates, who is stepping back, helped usher in modern financial markets
Ray Dalio’s Bridgewater Associates has built a $10.5 billion bet against European companies, almost doubling its wager in the past week to its most bearish stance against the region’s stocks in two years.
Billionaire investor Ray Dalio credits his success to Transcendental Meditation.
Although Dalio had revealed in May last year that he has invested in Bitcoin on personal account, Bridgewater had so far refrained from backing the virtual asset.
The founder of the world’s largest hedge fund, Ray Dalio, on what separates the top rung from the rest.
‘Whoever wins the tech race wins it all,’ says hedge fund billionaire Ray Dalio.
He feels countries across the globe would look to weaken their currencies to boost growth as it makes exports cheaper
If you have no capital, why be a capitalist?
But China's move appears to have only boosted equities temporarily, with US stock futures resuming their descent and Asian shares slightly lower.