Fascinating interview with Ray Dalio of Bridgewater yesterday by Tom Keene and Mike McKee, The full run of videos are here, but a few select excerpts are below:
China Is Going to Be Just Fine, But Weaker
More videos after the jump
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American Businesses Are Flush With Cash
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August Was a Lousy Month for Us
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I Don’t Care If Fed Raises by 25 Basis Points
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Lower Asset Returns Are ‘Certain’
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The Fed Is Too Worried About Short-Term Debt Cycle
It was interesting to hear him simplify the economy for the hedge fund guys.
The problem is the lawyers and their enablers.
“…Bismarck mayor Marlan ‘Hawk’ Haakenson registered trade names for several of the Fighting Sioux replacement options under consideration. Haakenson said he registered the trade names in an attempt to interfere with the nickname selection process…”
http://www.grandforksherald.com/news/region/3838901-former-bismarck-mayor-registers-trade-names-state-3-5-und-nickname-options
Way to be “Hawk.” But your private, angry, “I missed the rally” GOP life is just a joy.