Daily Management Review

Global Economy Is At The Risk Of Getting Hurt By Trump Policies: Bridgewater’s Dalia


02/02/2017


The founder of Bridgewater considers this to be a crucial time when the balance of Trump policies and global economy stands at an “important” corner.



“Bridgewater Associates LP” is the “largest hedge fund” of the world which was founded by Ray Dalio, whereby the latter showed his increasing concern in regards to the “populist” policies taken up by the administration of President Trump, as he fears that these policies “could hurt the world economy”.
 
According to Dalio and his Co-chief investment officer, Bob Prince, even though these policies reflect pro-business stance taken up by Trump, their benefits could be overshadowed by their “detrimental effects”. In a note, Prince and Dalia, pointed out:
“We are now in a period of time when how this balance tilts will be more important to the economy, markets, and our well-beings than normally dominant drivers such as central bank policies”.
“While there is a lot of potential to improve fiscal policies and make beneficial structural reforms, there is also a significant risk that his populist policies could hurt the world economy (and worse).”
 
However, Dalia’s November statement praised “Trump’s policies” to spread its broad “positive” impacts on the economy of the United States, while he also added that the “bond prices likely made a ‘30-year top’”. Last week, Trump has put a hold on the refugee inflow in the U.S. for a period of four months, while there is also a temporary ban on the Syrian travellers along with the tourists from “six other Muslim-majority countries” to set foot in the U.S.
 
Given these circumstances, Bridgewater detects about “$150 billion in client assets”.
 
 
 
References:
http://www.reuters.com







Science & Technology

Scientists Discover Largest Ever Under Water Volcanic Eruption Near New Zealand

Bitcoin craze increased load on the power grid to the maximum

PC And Server Performance Slows Down Due To Security Patches For Chip Flaws, Says Microsoft

Cybersecurity Firm Claims Cryptocurrency Monero Might Be Getting Funneled To North Korea University

The Way We Travel Will Be Changed by The Colorless, Odorless Gas - Hydrogen

EU's Big Change In Data Protection Rules Makes Businesses To Get Ready For It

Artificial Intelligence Helps NASA Find An 8th Planet In Orbit Of A Distant Star

Australian Research Success Could Mean Shatterproof Cell Phones Could Soon Be A Realityv

Top ten hi-tech events of the year

Tesla Considering Designing And Developing AI Chips On Its Own To Support Its Auto-Pilot Project

World Politics

World & Politics

Take and go away: new approach to refugees in Europe

Both The Korean Countries Will Come Together In Olympic Talks

Parties of Germany agreed on the migrants problem

Munich Re: Natural disasters caused record damage in 2017

High-Level Talks To Be Held Between North And South Korea In Over Two Years

Sexually Abusing Children Interests An Estimated 20,000 British Men, Shows Police Monitoring Of Chat Sites

2018 Could See An Increase In Terror Attacks Where Both ISIS As Al-Qaeda Continue To Present Threats

What will happen to European populism in 2018?