Ray Dalio changes his tune on President Chaos

I’m not going to excerpt from Ray Dalio’s latest message because you should read the whole thing today.

Dalio was originally optimistic on Trump’s willingness to break the mold and make populist moves. This seems to have been the attitude adopted by a majority of enormous asset managers – they weighed the pros and cons, took note of all of the hysteria, and then said, pragmatically, “Let’s see what actually happens.”

Well, we’ve seen half a year or so worth of this…whatever it is.

Dalio sounds as though he is changing his initial cautious optimism somewhat based on the President’s predilection to wade into every room with his fists up, often without even understanding the issue at hand in even a rudimentary way.

Here’s Ray with some stuff to consider, from an investment perspective…

A Couple of Thoughts (LinkedIn) 

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