Ray Dalio believes we have reached stagflation, where inflation rises and growth declines.
Watch the full conversation with the investor and author at charlierose.com
Watch the full conversation with the investor and author at charlierose.com
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Francisco Gimeno - BC Analyst Anything Ray Dalio says is important. More when global financial authorities are warning of "we may expect sudden changes" and inflation can become stagflation in a strong recession. The news overall continue to be pessimistic. We don't like to sell FUD news anyway. Just research data, listen to people who have the knowledge and experience like Dalio are showing us what is already here on very close, and from there what can we expect. Stagflation is always bad because is more difficult to come out from it than from a normal inflationary period with recession.