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Ray Dalio’s take on the stability of the world financial system.

Posted on 11/6/19 at 8:51 am
Posted by LSUTigersVCURams
Member since Jul 2014
21940 posts
Posted on 11/6/19 at 8:51 am
LINK

I’m not smart enough to opine on whether I agree or disagree with this take, but it’s a fascinating read for sure.
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 11/6/19 at 8:57 am to
Dalio is a loser, but Jamie Dimon also has concerns with the negative interest rate environment. Corporate debt is not a problem. P/E of the S&P 500 is low right now.
Posted by Shepherd88
Member since Dec 2013
4579 posts
Posted on 11/6/19 at 9:09 am to
I think the central gist of his point is, we are kicking the can down the road in regards to a governmental spending problem. In which I agree with.
Posted by Decisions
Member since Mar 2015
1471 posts
Posted on 11/6/19 at 10:19 am to
quote:

we are kicking the can down the road in regards to a governmental spending problem


Cutting spending doesn’t get you re-elected. Gotta buy those votes.

It’s not going to end pretty and I’m not sure there’s a feasible way to protect yourself if everything he’s predicting comes to pass.
Posted by Azazello
Member since Sep 2011
3182 posts
Posted on 11/6/19 at 10:31 am to
quote:

Dalio is a loser


This post was edited on 11/6/19 at 10:31 am
Posted by lsu13lsu
Member since Jan 2008
11471 posts
Posted on 11/6/19 at 10:31 am to
quote:

P/E of the S&P 500 is low right now.


Posted by Douglas Quaid
Mars
Member since Mar 2010
4097 posts
Posted on 11/6/19 at 10:33 am to
quote:

Dalio

quote:

Harvard Business School

quote:

founder, Co-Chairman and Co-Chief Investment Officer of one of the world's largest hedge funds

quote:

Net worth US$18.7 billion

quote:

Dalio is a loser


Posted by UpstairsComputer
Prairieville
Member since Jan 2017
1567 posts
Posted on 11/6/19 at 3:29 pm to
quote:

Corporate debt is not a problem.


This is the most retarded thing I've read all day. Like 50% of corporate debt is rated BBB, just a hair above junk, and there are quite a few dominoes lined up that if just one falls before next November, they all fall. It's like you watch CNBC all day and just type what you just heard some mutual fund pumper said.

Bookmarked for I told ya so's.
Posted by crazycubes
Member since Jan 2016
5256 posts
Posted on 11/7/19 at 12:59 pm to
The first domino , my opinion , will be high energy prices (if war breaks out in the ME).

Fill up the home with heating oil will take precedent over Amazon Prime.
Posted by CajunTiger92
Member since Dec 2007
2820 posts
Posted on 11/7/19 at 7:37 pm to
Dalio’s hedge fund is loosing money this year. He makes some good points but the debt thing could go for years before things turn south because of all the debt. He investing bearishly in a bull market and I’m sure charging a fortune to loose people’s money for them.
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 11/7/19 at 7:54 pm to
quote:

The first domino , my opinion , will be high energy prices (if war breaks out in the ME).


We’ve been at war there for 18 years also we are now a net exporter of oil. YAWN this scare tactic is old and used.
Posted by CalcuttaTigah
Member since Jul 2009
769 posts
Posted on 11/7/19 at 8:15 pm to
Yea, I agree - supply is no longer an issue. Such an event would cause a moderate increase for a few months but North America is more than ready to pick up the slack.
This post was edited on 11/7/19 at 8:16 pm
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