Post Tagged with: "Ray Dalio"
Ray Dalio on the D-Process in Europe
The D-Process played out in greater initial force in the US private sector. Now Europe is playing catch-up, but more via the public sector due to the restrictions imposed by the Euro. Ray Dalio comments on how he sees this process proceding and how to invest in this environment
More from Bridgewater Associates’ Ray Dalio
Ray Dalio spoke to Barron’s in an interview that appeared in the weekly this past weekend. The themes of the conversation were the following: The world is on a dual track with emerging markets doing much better than developed economies. China is growing at a fantastic rate (15% nominal per year) while interest rates are
Another conversation with Bridgewater Associates’ Ray Dalio
The last time Ray Dalio conducted a major interview, the global economy seemed to be headed toward a major depression. This was in February 2009 when Barron’s had a conversation with Bridgewater Associates’ Ray Dalio. For his part, Dalio saw the episode as part of a necessary restructuring process. He called it the D-Process. The
Rosenberg on the cause of the next secular uptrend in inflation or hyperinflationary shock
David Rosenberg is bullish on bonds. And the reasoning for his bullishness has a lot to do with the deleveraging and excess capacity which the bursting of the credit bubble has brought into view. In this sense, his views on inflation are actually rather similar to modern monetary theory advocates. In his daily letter to
Ray Dalio: Inflation is not just around the corner… yet
With governments printing money, inflation, now propping up asset prices, will eventually come to consumer prices. First the deflation, then the inflation, I say. Ray Dalio agrees. But, he also has some choice things to say about the situation in Europe
Bridgewater Associates’ Ray Dalio on Gold, Bonds, and Money Printing
Below is an excerpt of a Barron’s interview with Bridgewater Associates’ Ray Dalio which I first highlighted in February 2009 in A conversation with Bridgewater Associates’ Ray Dalio. Back then I highlighted the first part which concentrated on the private sector debt problem. Today, I want to highlight the last part which talks about sovereign
Why The World Is Headed For A Balance Sheet Recession
In my post Koo, White, Soros and Akerloff videos from inaugural INET conference I highlighted four speeches from the recent George Soros-sponsored pow-wow. I have already written up a post based on the one by William White in "The origins of the next crisis." This post serves to give you some colour on another of
Bringing back the Scylla and Charybdis flation meme
In June of last year, I wrote a post called "Central banks will face a Scylla and Charybdis flation challenge for years." The crux of the piece was that we are living in a world in which debt deflation is always one downturn away, but in which massive amounts of stimulus and liquidity are driving
The Age of Deleveraging
John Mauldin’s latest is about deleveraging and how this secular trend will drive the macro picture in 2010. The question is why? Read and find out. Also see A conversation with Bridgewater Associates’ Ray Dalio for another good commentary on this topic. John Mauldin, Best-Selling author and recognized financial expert, is also editor of the
The recession is over but the depression has just begun
For the last few months I have been casting around looking for bullish data points as counterfactuals to my more bearish long-term outlook. I have found some, but not enough. If you recall, early this year, I stated that we are in depression, making the case for the ongoing downturn as a depression with a
Central banks will face a Scylla and Charybdis flation challenge for years
Nearly a month ago, back on May 5th, I highlighted some testimony by Federal Reserve Chairman Ben Bernanke before congress in a post labelled, “Bernanke expects recovery later this year". In his testimony, Bernanke used the phrase ‘Scylla and Charybdis’ to describe the Federal Reserve’s policy challenge regarding deflationary and inflationary forces. I would like
More thoughts on the fake recovery
A recent post I published on both Credit Writedowns and Naked Capitalism, “Both initial claims and continuing claims now pointing to recovery,” has left the impression that I am a wild-eyed bull – for which I have been duly smacked about the head. This is far from the case. A recent post by Nouriel Roubini