Ray Dalio concerned about America postelection: ‘Both candidates worry me’

Ray Dalio expressed concern over the current U.S. presidential candidates, noting both sides are too polarized, lacking a centrist leader to unite Americans and implement essential reforms. While Trump’s capitalist stance may benefit capital markets more than Kamala Harris’s approach, Dalio warned that both candidates would increase deficits.
Dalio highlighted serious issues like rising debt, internal conflicts, and climate costs, which could threaten stability, especially if economic downturns occur. Dalio advised a diversified investment strategy, including gold, to mitigate risks amid the Treasury market’s supply-demand imbalances and potential for increased political and social conflict.