Bridgewater's Ray Dalio explains why everyone should allocate some of their portfolio to gold:
"If you don’t own gold...there is no sensible reason other than you don’t know history or you don’t know the economics of it..."
The world's biggest hedge fund warns: '2019 is setting up to be a dangerous period for the economy'
Bridgewater Associates is bearish on nearly every financial asset, it said in a recent note to clients.
"2019 is setting up to be a dangerous period for the economy," the giant hedge fund said.
The firm said earlier this month that a major driver of the stock market is nearing its end.
Bridgewater Associates, the world's largest hedge fund, is sounding the alarm on nearly every financial asset.
"We are bearish on almost all financial assets," the firm said in a note to clients last week. "Markets are still pricing in Goldilocks conditions, compounding the risks."
The hedge fund — which currently manages about $150 billion— says the yield curve for Treasury bonds should remain flat, with oil hitting $62 and the dollar slumping 3.5% compared to other major currencies.
"2019 is setting up to be a dangerous period for the economy, as the fiscal stimulus rolls off while the impact of the Fed's tightening will be peaking," "And since asset markets lead the economy, for investors- the danger is already here."
- Wise advice here from a BIG time hedge fund exec. MIND YOUR MONEY we're some TV ad with some quasi relevant high paid actor. Call Coin Trader at (504) 267-6004 TODAY with any inquiries about how to mix gold and silver into your investment portfolio. Please leave us your contact info on our website or in a voicemail if we happen to miss your call.