RBC's McElligott Says Pay Attention To Dalio, Trump

Pay close attention to Ray Dalio, RBC Capital’s Charlie McElligott says in a note out Tuesday. In particular, Dalio’s well-documented thoughts on the Trump Administration leading to disruptive long-term change could propel markets longer than anyone anticipates. That said, he’s watching for potential January mean reversion. Dalio Warns That Bond Investors Could Be Wiped Out [dalio] Ray Dalio is “chief trendsetter” among institutional investors Calling Dailo the “chief trendsetter” inside the pension, endowment and sovereign wealth fund world, McElligott says that when the man at the helm of the controls of the world’s largest hedge fund and risk parity strategy…