Billionaire investor Ray Dalio said a US debt crisis could be three years away. The comment builds on his earlier recommendation to cut bond holdings and put up to 15% of a portfolio into gold as a hedge. Dalio's view underscores persistent worries about US fiscal sustainability, but it is a personal forecast, not a market catalyst.
Sentimentbearish 40
Bearish · 40 of 100
Impact30
low · stays off the top drivers
Confidence60%
moderate confidence · 3 wires
Eventdeveloping
v3 · alerts feed only
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Ray Dalio has: a debt crisis in the US could be three years away.bearish 40 · impact 20
BREAKING: Billionaire Ray Dalio said investors should reduce their bond holdings and put as much as 15% of their money in gold, per Bloomberg.
Ray Dalio advises reducing bond holdings, allocating up to 15% to gold as US debt crisis hedgebearish 35 · impact 30 · this page
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