Dalio: Central bank actions pushing investors into riskier assets

Ray Dalio, founder of investment firm Bridgewater Associates, said Tuesday that central-bank easing is pushing investors into ever more riskier assets but disagreed with a call for the Federal Reserve to start raising rates. "We are in a situation where [central banks] want to drive you out of cash and out of bonds," Dalio said at CNBC's and Institutional Investor's Delivering Alpha conference. Responding to a call from J.P. Morgan's Jamie Dimon that the Fed should just start raising rates already, Dalio said this was risky because of ultralow or even negative interest rates globally, and......(read more)

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