Ray Dalio Is Bullish on Trump Presidency, Bearish on Bonds
- Trump will lead U.S. shift to right akin to Ronald Reagan
- Dalio says bonds have likely peaked after 30-year run
Trump's Economic Plan as a Bond Market Sea Change
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Bridgewater Associates founder Ray Dalio is bullish on Donald Trump and bearish on bonds, saying it’s likely that they’ve reached a three-decade peak.
“We think that there’s a significant likelihood that we have made the 30-year top in bond prices,” Dalio wrote on his LinkedIn page Tuesday. “We probably have made both the secular low in inflation and the secular low in bond yields relative to inflation.”