Business
‘Really concerning’: Billionaire investor warns historical trend repeating – Yahoo Finance Australia
There’s a cycle that has repeated thousands of years through history. Here’s where we’re at in 2020.
Ray Dalio has shared how the new world order will come about. Image: Getty
The global coronavirus recession was unprecedented in its speed and scale, but billionaire investor Ray Dalio said history provides insight into where the economy is heading next.
Speaking at the Yahoo Finance All Markets Summit in America, the Bridgewater Associates founder said there is a confluence of factors that makes this financial crisis an echo of others that trace back thousands of years through history.
Dalio said…
-
Noosa News21 hours agoAustralian chocolate gains a competitive edge in global cocoa shortage
-
Noosa News14 hours agoInvestigations underway after dead body found on Townsville road
-
General23 hours agoHawthorn’s AFLW star Tilly Lucas-Rodd undergoes gender affirming top surgery
-
Business23 hours agoAfter losing more than $1 trillion in market cap earlier this year, this monster artificial intelligence (AI) stock will become the most valuable business in the world by the end of the year