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Mon, 20th February 2017

Anirudh Sethi Report

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Ray Dalio: “Good chance that we are at one of those major reversals that last a decade”

Ray Dalio was in the news overnight, and picked up by the Aussie press here

  • Says Trump’s policies would have a “broadly positive” effect on the US economy
  • Bond prices have likely made a “30-year top”
  • “There is a good chance that we are at one of those major reversals that last decade” 
  • “We want to be clear that we think that the man’s policies will have a big impact on the world. Over the last few days, we have seen very early indications of what a Trump presidency might be like via his progress with appointments and initiatives, as well as other feedback that we are getting from various sources, but clearly it is too early to be confident about any assessments” 
Ray Dalio is founder of the world’s largest hedge fund Bridgewater Associates

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