Key Words: Billionaire investor Ray Dalio says ‘you’d be pretty crazy to hold bonds’ right now

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‘This period, like the 1930-45 period, is a period in which I think you’d be pretty crazy to hold bonds.’
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— Ray Dalio

Ray Dalio, the billionaire founder of Bridgewater Associates, the world’s largest hedge fund, offered that warning in a Bloomberg webcaston Wednesday, arguing it made no sense to hold bonds when the Federal Reserve and…

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