We are awed and inspired by the simplicity with which Ray Dalio’s team at Bridgewater is able to convey complex theory about the ‘economic machine’ in an engaging and entertaining way. We cannot recommend this video highly enough.
Interestingly, while Dalio has maintained a hopeful tone about the probability of successfully navigating a ‘Beautiful Deleveraging” as this long credit cycle unwinds, recent commentary from Bridgewater has taken a pessimistic turn. Perhaps the markets’ complacency about a perfectly successful outcome is slightly overdone…
September 25, 2013
Categories:Market Commentary, Retail
Planning for Adverse Scenarios: Retirement Edition
In Retail, Retirement on