Billionaire investor Ray Dalio outlined five interconnected forces driving global economic trends, emphasizing their cyclical nature. He raised concerns about US debt management amidst rising interest rates and highlighted political divisions within the United States as a potential risk factor.
The founder of Bridgewater Associates named key factors which he deemed are interrelated, and often cyclical.
"We're going to have a Fed interest rate change, and that whole dynamic do? What happens to all the debt? How will that be dealt with?" he mused. "There are irreconcilable differences between the right and the left, prompted by large wealth and value gaps... and they call into question even the orderly transition of power," he added.than former President Donald Trump, a CNBC Fed Survey released Tuesday showed.Still, no matter who occupies the White House, the president's policy agenda has limited impact on the overall health of the U.S. economy.
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