Ray Dalio – The Big Picture

Ray Dalio LinkedIn Big picture, the near term looks good and the longer term looks scary. That is because: [dalio] The economy is now at or near its best, and we see no major economic risks on the horizon for the next year or two, There are significant long-term problems (e.g., high debt and non-debt obligations, limited abilities by central banks to stimulate, etc.) that are likely to create a squeeze, Social and political conflicts are near their worst for the last number of decades, and Conflicts get worse when economies worsen. So while we have no near-term economic worries…