Dalio Sees General Diversification Away From the US
Market Intelligence Analysis
AI-PoweredRay Dalio, founder of Bridgewater, believes there is a general trend of diversification away from the US, driven by central banks seeking to reduce dependence on fiat currencies like the US dollar and the euro.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
"Generally speaking, you're seeing a diversification away from the US," veteran investor and Bridgewater founder Ray Dalio tells Bloomberg's Francine Lacqua. He also says central banks bought gold to diversify from fiat currencies such as the US dollar and the euro. Dalio speaks on Bloomberg Television at the World Economic Forum's annual meeting in Davos, Switzerland. (Source: Bloomberg)
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