The Latest Breaking News from Ray Dalio

“I think that what is happening now politically and socially is analogous to what happened around the world in the 1930 to ’40 period,” he said.

Ray Dalio says business leaders scared to criticise Donald Trump as he warns of debt-induced crisis for the economy

Investors’ long-running enthusiasm for artificial intelligence showed signs of faltering on Tuesday as tech stocks tumbled.

Wall Street analysts are confident the artificial intelligence boom still has room to run. Even if Sam Altman, the OpenAI chief executive at the center of it all, appears less confident.

In light of the United States’ precarious fiscal situation, Ray Dalio, the founder of Bridgewater Associates, has advised investors to consider dedicating approximately 15% of their portfolio to either gold or Bitcoin.

Bitcoin (CRYPTO: BTC) critic and economist Peter Schiff issued warnings on Friday about America’s mounting debt crisis, linking current fiscal challenges to the 1971 decision that ended the gold standard. The warning comes as national debt has surged $9 trillion in four years to reach $37.09 trillion.

“Nobody does everything perfectly, not even Warren Buffett,” Dalio told David Rubenstein in conversation at the 92nd Street Y.

Billionaire hedge fund manager Ray Dalio is advising against buying and holding real estate in the current economic climate, calling it “not an effective investment strategy.”

Billionaire investor Ray Dalio has raised concerns about the long-term stability of the U.S. dollar, pointing to historical cycles that could lead the country back to a gold-backed currency.