If the Federal Reserve stays on its current course of major interest rate hikes, stocks may drop another 25%, according to a top executive at Ray Dalio’s Bridgewater Associates hedge fund. Bridgewater Associates co–chief investment officer Greg Jensen said inflation is not going away, which could force the Fed to continue hiking interest rates, likely more than Wall Street currently anticipates. Story continues “We’re in a radically different world,” Jensen said in an interview with… Source link
Read More »‘Cash is still trash’ — Billionaire Ray Dalio says keeping money in a savings account is not safe. Here’s what he holds instead
‘Cash is still trash’ — Billionaire Ray Dalio says keeping money in a savings account is not safe. Here’s what he holds instead Some say cash is king. But according to Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates, it may not be wise to keep too much of your investment money in cash these days. “Cash is not a safe investment, is not a safe place because it will be taxed by inflation,” Dalio told CNBC last year. This week, when CNBC asked him about his… Source link
Read More »Ray Liotta dies at 67
Actor Ray Liotta has died at 67. Liotta, who was known for his role as mobster-turned-FBI informant Henry Hill in the 1990 film Goodfellas, died in his sleep in the Dominican Republic, where he was filming the thriller Dangerous Waters, his publicist confirmed to Yahoo Entertainment. He is survived by his fiancée, Jacy Nittolo; an adult daughter, actress Karsen Liotta, whom he shares with ex-wife Michelle Grace; and a sister, Linda Liotta Matthews. Liotta also had parts in movies as diverse in… Source link
Read More »Billionaire Ray Dalio Pulls the Trigger on These 2 ‘Strong Buy’ Stocks
When legends speak, people listen – and few investors match the legendary status of Ray Dalio. The founder of Bridgewater Associates has built his firm from a 2-room apartment operation into the world’s largest hedge fund, with more than $150 billion in assets under management, and a net gain exceeding $46 billion. Dalio believes that the next two to four years will see our global economic and political systems change in ways that are unpredictable now. And the key to survival, for… Source link
Read More »Here is Ray Dalio’s inflation outlook, on a scale of 1 to 10
Billionaire investor and financial markets historian Ray Dalio is sending a dire warning on the outlook for inflation. “Oh, I’m like an eight, an eight to 10 or something like that,” the Bridgewater Associates Founder and Co-chief investment officer said in an interview for Yahoo Finance Presents when asked how concerned he was about inflation on a scale of 1 to 10. Dalio is dead right to have that high level of angst on all things inflation. The Consumer Price Index (CPI) rose by 7.9% in… Source link
Read More »Kevin Garnett makes up with Paul Pierce, Ray Allen
The beef in Boston appears to have officially been quashed. Celtics great Kevin Garnett saw his jersey retired at TD Garden on Sunday. During the ceremony, he called out former teammate Ray Allen, who was sitting in the stands. “It’s good to see Ray Allen here, real s***,” Garnett said. Allen then got up from his seat to share a hug with Garnett at midcourt. Fellow former teammate Paul Pierce made it group hug to a standing ovation from Celtics fans. [Join Yahoo Tourney Pick’Em $25K Best Bracket… Source link
Read More »‘The system is in jeopardy’ after events like Jan. 6: Billionaire investor Ray Dalio
The legendary hedge fund manager Ray Dalio became a billionaire by picking up on patterns in the stock market. More recently, he has turned his attention to trends throughout world history. In a new book, “Principles for Dealing with the Changing World Order,” Dalio wrote that wealth inequality often leads to the rise of populism and division. Yahoo Finance’s editor-in-chief, Andy Serwer, asked Dalio in a new interview just how bad America’s divisiveness has gotten and who’s to blame for… Source link
Read More »Billionaire Ray Dalio Picks Up These 3 ‘Strong Buy’ Stocks
We had some serious economic news this month, when October’s inflation rate came in at 6.2% annualized. It was the sixth consecutive month +5% year-over-year inflation gains – and the highest inflation rate seen in the US since 1990. Billionaire Ray Dalio, founder of Bridgewater Associates, reminds investors that the worst asset to hold in this environment is cash. “Some people make the mistake of thinking that they are getting richer because they are seeing their assets go up in price… Source link
Read More »Billionaire Ray Dalio is Buying These 10 Stocks
In this article, we reviewed Bridgewater Associates founder Ray Dalio’s portfolio adjustment strategies to cope up with the market volatility. We also discussed the top ten stocks billionaire Ray Dalio is buying. You can skip our detailed discussion and jump directly to Billionaire Ray Dalio is Buying These 5 Stocks. Raymond Thomas Dalio’s $223 billion Bridgewater Associates is ranked among the world’s best and largest hedge funds. The 72-year-old investor has invented many commonly used… Source link
Read More »Billionaire Ray Dalio’s Thoughts on Bitcoin and 10 New Stocks in Portfolio
In this article, we discuss the 10 new stocks in the portfolio of billionaire Ray Dalio. If you want to skip our detailed analysis of these stocks, go directly to Billionaire Ray Dalio’s 5 New Stock Picks. Billionaire Ray Dalio has been one of the most successful hedge fund managers in modern history with net gains of more than $46 billion since he founded Bridgewater Associates in 1973. The Connecticut-based fund, per latest data, manages over $15 billion in assets with holdings concentrated… Source link
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