Powered by: Motilal Oswal
25/01/2021 10:21:51 AM | Source: Reuters
Bridgewater`s Dalio sees U.S. divided, in 'terrible financial state`
News By Tags | #2664 #109 #1129 #591
Bridgewater`s Dalio sees U.S. divided, in 'terrible financial state`

 Bridgewater Associates founder Ray Dalio wrote on Twitter on Sunday that the United States is still in a "terrible financial state" and remains "terribly divided", but added he liked what he heard from President Joe Biden at his inauguration.

The hedge fund billionaire wrote that the question was whether the president and both parties in Congress would work together "for peace and prosperity that addresses the big wealth, values, and opportunity gaps we're now seeing."

Dalio has previously criticized https://www.reuters.com/article/us-usa-wallstreet-dalio/u-s-income-inequality-a-national-emergency-billionaire-ray-dalio-idUSKCN1RG2VU a widening wealth gap and under-investment in public education in the United States, which he has linked to lower high school graduation rates, greater disparity in test scores, and lower teacher pay.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here