Reported about 24 hours ago
Billionaire investor Ray Dalio is skeptical about recent interest rate cuts, believing the U.S. economy is stable and not in need of further reductions. His hedge fund, Bridgewater Associates, is heavily invested in companies like Alphabet and Procter & Gamble, showcasing a diverse portfolio. Despite market speculation for more cuts, Dalio warns of risks associated with Treasury bonds and uncertain yields.
Source: YAHOO