Bridgewater's Dalio warns of a 'perfect storm' for economy

[ETJ]

https://www.reuters.com/markets/us/bridgewaters-dalio-warns-perfect-storm-economy-2022-10-11/

 

[cesfx]

He's been warning about it for a few years now, and always mentioned high rate as an historical trigger, and massive debt and inflation as the main issue.

In the meantime, helicopter Ben gets a Nobel price...

 

[murray t turtle]

https://www.reuters.com/markets/us/bridgewaters-dalio-warns-perfect-storm-economy-2022-10-11/

%%
Good read;
same with his Jack Schwager's top trader interview [hedge fund] book.....................

 

[canada812]

So far all the Fed rate rises have barely made any dent on the inflation.

 

[murray t turtle]

So far all the Fed rate rises have barely made any dent on the inflation.

%%
Mostly true;
except home, RE\
car\
trucks\
gasoline\
some food \
many stocks\
many ETFs\
SLV[silver ETF]\
GLD\
[copper down ;but havent checked a chart lately]
all sure have gone down this year..............................
IF someone has paid cash for Real Estate, some times they just pull it off market rather than panic sell