Ray Dalio No Longer Thinks ‘Cash Is Trash’

(Bloomberg) — Ray Dalio, the founder of Bridgewater Associates, has changed his mind, saying he no longer thinks “cash is trash” and that the short-term interest rate is “now about right.”Most Read from BloombergCredit Suisse Turmoil Deepens With Record Stock, CDS LevelsStocks Rise From the Ashes in Best Day Since July: Markets WrapTrump Asks to Push Special Master Appeal Hearing to JanuaryCredit Suisse Market Turmoil Heightens After Memo BackfiresElon Musk Sets Off Uproar in Ukraine by Tweetin
— Read on ca.finance.yahoo.com/news/ray-dalio-no-longer-thinks-205831687.html