Ray Dalio is bearish on what is taking place in markets and the economy. While the White House is spinning how well things are going, there are issues.
The Fed is fearful of the economy slowing. The problem is that it is now viewed as the lapdog for the market.
Dalio's view stems from the idea that he believes the quantative easing policy of the Fed is no longer effective. After a decade of loose monetary policy, the world seems addicted to it. Once it is removed, it seems things turn south.
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