Ray Dalio says the Fed faces a tough balancing act

Ray Dalio says the Fed faces a tough balancing act

Ray Dalio, Bridgewater Associates co-chairman and co-chief investment officer, speaks during the Skybridge Capital SALT New York 2021 conference. Brendan McDermid | Reuters As the U.S. Federal Reserve implemented its first interest rate cut since the early Covid pandemic, billionaire investor Ray Dalio flagged that the U.S. economy still faces an “enormous amount of debt.” … Read more

Ray Dalio calls upcoming U.S. election the most consequential of his lifetime

Ray Dalio calls upcoming U.S. election the most consequential of his lifetime

Ray Dalio said the 2024 U.S. elections will likely be the most important of his lifetime and he thinks the country needs a “strong leader of the middle.” Speaking to CNBC’s “Squawk Box Asia” on Thursday, the founder of Bridgewater Associates explained that the U.S. should aim to reach “broad-based prosperity” and the presidential election … Read more

China faces “real issues”, remain invested but caution suggested: Ray Dalio

China faces “real issues”, remain invested but caution suggested: Ray Dalio

Bridgewater Associates founder Ray Dalio shared that a small part of his family office’s money is still invested in China, however warned that China is facing serious economic problems as its economy slows down, according to a Bloomberg report. In an interview with Bloomberg Television, Dalio said China’s situation has become more challenging in recent … Read more

Ray Dalio names the top five forces shaping the global economy

Ray Dalio names the top five forces shaping the global economy

Ray Dalio, founder of Bridgewater Associates LP, speaks during an interview on the sidelines of the Milken Institute Asia Summit in Singapore, on Wednesday,  Bloomberg | Bloomberg | Getty Images SINGAPORE — U.S. billionaire Ray Dalio named the top five forces at the front and center of the world’s economy.  Speaking at the Milken Institute’s … Read more

Bill Gates-backed startup on the global gold rush for buried hydrogen

Bill Gates-backed startup on the global gold rush for buried hydrogen

The team from the Geological Agency of the Ministry of Energy and Mineral Resources (ESDM) took samples of natural hydrogen gas found in One Pute Jaya Village, Morowali Regency, Central Sulawesi Province, Indonesia, 23 October 2023. Nurphoto | Nurphoto | Getty Images Koloma, a U.S.-based clean fuel startup backed by Bill Gates and Jeff Bezos, says it … Read more

Dow jumps 700 points, gold hits record, HSBC new CEO

Dow jumps 700 points, gold hits record, HSBC new CEO

Traders walk the floor during morning trading at the New York Stock Exchange (NYSE) on May 14, 2024 in New York City.  Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter … Read more

Dow soars 700 points to record close

Dow soars 700 points to record close

Traders work on the floor during morning trading at the New York Stock Exchange on May 14, 2024. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like … Read more

Singapore’s shophouses are getting snapped up by the rich and famous

Singapore’s shophouses are getting snapped up by the rich and famous

Row of shophouses in Singapore’s Katong area. Olivier Chouchana | Gamma-rapho | Getty Images SINGAPORE — The ornate, colorful “shophouses” that line the streets in some old neighborhoods of Singapore are not what immediately comes to mind when people think of the city-state. In a country where land is scarce and public housing can cost … Read more

Ray Dalio of Bridgewater Associates on why he is still investing in China

Ray Dalio of Bridgewater Associates on why he is still investing in China

Ray Dalio, founder of Bridgewater Associates, received an award from the China General Chamber of Commerce-USA in February 2022. China News Service | China News Service | Getty Images Ray Dalio, chief investment officer at Bridgewater Associates, took to LinkedIn on Tuesday to defend his continued investments in China — a market he views as … Read more

Ray Dalio at Eras Tour, says Taylor Swift should be president

Ray Dalio at Eras Tour, says Taylor Swift should be president

Combination showing Taylor Swift (L) and Ray Dalio. Getty Images (L) | CNBC (R) Hedge fund billionaire Ray Dalio attended Taylor Swift’s Eras Tour in Singapore, and posted a selfie from the packed venue along with a caption explaining why he thought the megastar should be the next president of the United States. “@TaylorSwift for … Read more