Ray Dalio says cash is not a safe place right now despite heightened market volatility

Ray Dalio of Bridgewater Associates has stuck to his belief that cash is not the right place to be despite the volatility in the markets caused by the new Covid omicron variant. “Cash is not a safe investment, it’s not a safe place because it will be taxed because of inflation,” the founder of the … Read more

Ray Dalio’s Bridgewater reportedly raising millions for new China fund

Bridgewater Associates Chairman Ray Dalio attends the China Development Forum in Beijing, China on March 23, 2019. Thomas Peter | Reuters BEIJING – US hedge fund manager Ray Dalio has launched a new fund for China through a local subsidiary, according to a report in China’s Securities Times citing sources. The fund aims to raise … Read more