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Ray Dalio says to hold cash 'temporarily'

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cnbc.com/2023/09/15/bridgewaters-ray-dalio-hold-cash-for-now-dont-buy-debt-and-bonds.html

As concerns mount over rising interest rates and inflation levels, billionaire investor Ray Dalio says he prefers to hold cash for now, not bonds. "I don't want to own debt, you know, bonds and those kinds of things," the founder of Bridgewater Associates said when asked how he would deploy capital in today's investment environment. "Temporarily, right now, cash I think is…

This story from cnbc.com was posted on 2023-09-15 by @moonray.

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