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 after hours: Robinhood, Booking Holdings, Starbucks, Visa & more
Finance

Stocks making the biggest moves after hours: Robinhood, Booking Holdings, Starbucks, Visa & more

Check out the companies making headlines after the bell : Booking Holdings — Shares fell nearly 4% after the travel technology platform lowered its full-year adjusted earnings per share growth to the “low to mid-teens,” down from prior estimates in the “mid-teens,” citing lagging impacts from the Middle East conflict through the end of June. […]

Read More
Here’s everything to expect when the Fed issues its latest interest rate decision Wednesday
Finance

Here’s everything to expect when the Fed issues its latest interest rate decision Wednesday

Key Points In what could be Jerome Powell’s final meeting as Fed chair, he and his fellow policymakers are likely to continue their cautious approach to policy as questions linger over inflation and the labor market. The interest rate-setting Federal Open Market Committee is a virtual lock to keep its benchmark short-term interest rate steady. […]

Read More
Meta shares look ‘iffy’ into earnings. How to trade it
Finance

Meta shares look ‘iffy’ into earnings. How to trade it

Options Action Meta shares look ‘iffy’ into earnings. How to trade it Published Tue, Apr 28 202611:53 AM EDT Michael Khouw@Michael_Khouw WATCH LIVE Source

Read More