Jul 2nd, 2020

Ray Dalio Says Capital Markets Are No Longer ‘Free Markets’

Recent central bank actions mean capital markets are no longer "free," according to Ray Dalio, the billionaire founder of investment management firm Bridgewater Associates. "Today the economy and the markets are driven by the central banks and the coordination with the central government," Dalio said in a conversation with Bloomberg’s Erik Schatzker during the Bloomberg Global Asset Owners Forum. (Source: Bloomberg)