Home » Ray Dalio No Longer Thinks Cash Is Garbage, Short-Term Rates ‘Almost Right’ – Bloomberg

Ray Dalio No Longer Thinks Cash Is Garbage, Short-Term Rates ‘Almost Right’ – Bloomberg

by archyde

Billionaire Ray Dalio, founder of Bridgewater Associates, has changed his view on holding cash and said he no longer thinks “cash is garbage.” He also said that short-term interest rates are “almost reasonable at this point.”

Dalio said on Twitter that cash is “nearly neutral right now” given current interest rates and the shrinking of the Fed’s balance sheet, and that it is a “neither good nor bad deal.” ‘ said.

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news-rsf-original-reference">Ray Dalio No Longer Thinks ‘Cash Is Trash’(excerpt)

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