Ray Dalio Brings Stock Investors Back Down To Earth

Ray Dalio spoke about transparency and how he enjoyed being challenged by creating an open environment where people can freely express their opinions, he said today in a CNBC interview. Then the 65 year old head of the world’s largest hedge fund engaged in public remarks on the economy many fund managers only say behind the scenes or are said in hushed terms.

Ray Dalio predicts the next market crash

Although he noted the U.S. economy is “relatively isolated” to a certain degree from the rest of the world, which is in the middle of a bout of global de-leveraging, Ray Dalio provided an estimate as to when the next market crash might occur.

“We’re coming to the...