By: Economic & Finance Report
Ray Dalio founder and CEO of the world’s largest hedgefund, Bridgewater Associates, has told investors to be mindful in going in the global markets. He indicates the economy will probably do well for the next couple of years but a downturn is also approaching, over the horizons. Bridgewater Associates LP manages a huge portfolio of over $150 billion in global investments and assets, around the world.
Dalio notes that the US economy under President Trump’s watch is doing well and corporate profits are doing better, but that rising debt has accumulated vastly and this needs to be monitored by companies and investors also. The severity of corporate debt and lack of employee rising wages; will place a shock in the economy in the future, and Mr. Dalio is making it mindful that this needs to be noted and evaluated, along with current market trends. -SB