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Billionaire hedge fund manager Ray Dalio says market surge ahead: 'If you're holding cash, you're going to feel pretty stupid'
Bridgewater Associates founder Ray Dalio said the tax cut could lead to some big gains for the U.S. stock market. "We are in this Goldilocks period right now. Inflation isn't a problem. Growth is good, everything is pretty good with a big jolt of stimulation coming from changes in tax laws," Dalio told CNBC on Tuesday from the World Economic Forum in Davos, Switzerland. The investor said we're in the late part of the cycle and predicts we will see "a market blowoff" rally, fueled by cash from banks, corporations and investors. "There is a lot of cash on the sidelines. ... We're going to be inundated with cash," he ... (full story)
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Everyone can see the chart, but only a few can actually read it.
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"Where you want to be is always in control, never wishing, always trading.
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Beware of robber banks (RB), bad advisors.
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KEEP THIS THREAD CLEAN
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