Ray Dalio Says He's Owning Gold to Hedge Debt, Inflation Crisis
The risks of debt defaults and inflation boost gold as an investment, Dalio said. The precious metal has hit record levels in 2024.
Source: businessinsider.com
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US Economy 'on Steroids', Government Debt to Hit Markets: Paul Tudor Jones
There's a "debt bomb" that's about to off in the US economy, billionaire investor Paul Tudor Jones said.
Source: businessinsider.com
US Debt Levels Are a 'Noose' Choking the Economy: Veteran Strategist
The US's enormous debt load could weaken the dollar and drive investors to move their cash out of the country, a strategist warned.
Source: businessinsider.com
Yellen Disagrees With Moody's US Outlook, Treasurys Preeminent Safe Asset
"This is a decision I disagree with," Yellen said of Moody's US outlook downgrade, emphasizing the safety of the Treasury bond market.
Source: businessinsider.com
Billionaire Investor Ron Baron Says He's Never Owned Bonds
Inflation will slash the value of money in half every 15 years, billionaire investor Ron Baron estimated.
Source: businessinsider.com