Ray Dalio says the Fed faces a tough balancing act as the economy faces ‘enormous amount of debt’

Ray Dalio says the Fed faces a tough balancing act as the economy faces ‘enormous amount of debt’


Key Points
  • As the U.S. Federal Reserve implemented its first interest rate cut since the early Covid pandemic, billionaire investor Ray Dalio flagged that the U.S. economy still faces an “enormous amount of debt.”
  • “The challenge of the Federal Reserve is to keep interest rates high enough that they’re good for the creditor, while keeping them not so high that they’re problematic for the debtor,” the founder of Bridgewater Associates told CNBC’s “Squawk Box Asia.”



Source

Stocks making the biggest moves midday: Cloudflare, Klarna, Strategy, Energizer & more
Finance

Stocks making the biggest moves midday: Cloudflare, Klarna, Strategy, Energizer & more

Check out the companies making the biggest moves midday: Klarna — The buy now, pay later platform tumbled almost 7% after its first earnings report since its September IPO showed a third-quarter operating loss of $83 million versus operating profit a year ago of $13 million. Strategy — The crypto proxy rose 8%, as flagship […]

Read More
How to use the tax-loss selling occurring now to pick up quality stocks on the cheap
Finance

How to use the tax-loss selling occurring now to pick up quality stocks on the cheap

It’s that time of year again: the annual tax-loss harvest. It’s happening across the brokerage firms right now, and it’s happening in size. Advisors are locking in losses to offset the big realized gains from earlier in the year, especially back in April when clients trimmed their winners and booked profits. We know from trading […]

Read More
Stocks making the biggest moves premarket: Home Depot, Blue Owl Capital, Amer Sports & more
Finance

Stocks making the biggest moves premarket: Home Depot, Blue Owl Capital, Amer Sports & more

Check out the companies making headlines before the bell: Helmerich & Payne — The drilling rig company fell more than 7% following disappointing earnings results. In its fiscal fourth quarter, Helmerich and Payne reported an adjusted loss of 1 cent per share, missing the FactSet consensus estimate of 23 cents earnings per share. On the […]

Read More