Bridgewater Associates’ Ray Dalio believes hiding out in cash doesn’t bode well in today’s environment, but buying equities could be worse. “Of course cash is still trash,” Dalio said on CNBC’s “Squawk Box” at the World Economic Forum in Davos Tuesday. “You know how fast you are losing buying power in cash? Equities are trashier.” The founder of the world’s …

Billionaire hedge fund founder Ray Dalio finds himself inadvertently in the middle of a key congressional race that could determine the balance of power in the Senate in November’s midterm elections. Dalio, who is co-chairman of Bridgewater Associates, is personal friends with both Republican candidates vying for Pennsylvania’s Senate seat: Dr. Mehmet Oz and former Bridgewater CEO David McCormick. Dalio …

Ray Dalio said the Federal Reserve won't take it too far and hurt the economy when it tightens monetary policy. Source link

Bridgewater Associates Chairman Ray Dalio attends the China Development Forum in Beijing, China March 23, 2019. Thomas Peter | Reuters BEIJING — American hedge fund manager Ray Dalio is launching a new China fund through a local subsidiary, according to a report in China’s Securities Times, citing sources. The fund aims to raise more than 3 billion yuan ($468.8 million), …