"There are some winners in the economy and the average looks OK, but there are still huge losers versus those winners, and that's a big societal challenge," Bridgewater Associates co-CIO Greg Jensen told CNBC.
A torrent of fiscal stimulus to fight the coronavirus will contribute to a "Great Debasement" of the U.S. dollar, Bank of America says.
Overconfidence "is a disease of experts," while "incompetence is a disease of idiots," says Malcolm Gladwell, best-selling author and host of the popular podcast, "Revisionist History."
There are three things Dalio would focus on.
"You're about to enter the beginning of the second phase of your life, which is totally different than the first," billionaire Bridgewater Associates' founder Ray Dalio tweeted. "You need to learn what it's like and how to be great at it."
Phil Town, best-selling author and self-made millionaire, recommends reading these five stock market legends if you want to become a competent investor.
Comparing the pandemic with other periods of economic hardship, such as the Great Depression, Dalio said the current downturn — painful as it is — would be "relatively brief" and would allow for a wider global "restructuring."
The Financial Times reported Bridgewater's flagship fund is down about 20% for the year following the swift plummet from all-time highs into a bear market from stocks.
Why the rhetoric surrounding wealth inequality is especially acute this election season among Democratic presidential candidates — and will continue to be so.
The number of 'very high net worth' people around the globe, defined as those with a net worth of between $5 million and $30 million, grew at a fast pace in 2019, according to a new report from market research firm Wealth-X.
Live updates of what's moving the market, including the latest on Under Armour, the coronavirus and the Fed.
U.S. stock futures were pointing to a higher Wall Street open on Tuesday, with the Dow less than 0.5% away from record highs.
Michael Sonnenfeldt told CNBC that Tiger 21's members are sitting on piles of cash to protect against an economic downturn.
A day ahead of the project to plant, restore, or conserve 1 trillion trees, President Trump formally backed the initiative, despite his longstanding skepticism of climate change.
The reported wager placed by Bridgewater Associates would pay off for the firm if either the S&P 500 or the Euro Stoxx 50 or both decline.
U.S. stock futures were pointing to a higher open on Wall Street after the Dow and S&P 500 closed lower for the third straight session Thursday.
Billionaire Paul Tudor Jones says the stock market will turn south because it will assume a Democrat will raise taxes.
Ray Dalio, the billionaire founder of hedge fund Bridgewater Associates, says the economy is on a path that is unsustainable. Here's why.
Ray Dalio took to Twitter to explain he is "impressed" by Modi's ability to bring together Indians by "helping the full range of people, from those who are in abject poverty to rich business leaders."
Dalio says that the U.S. will have little choice but to raise taxes in the coming years to offset its mounting liabilities and debts.