Search Results for: cash is trash

Ray Dalio clocks sizable losses amount to 20%, particularly in the first quarter of 2020 stock sell-off for his flagship fund. So Ray Dalio was indeed all in following his cash is trash view back in February when the billionaire investor recommended investor to remain all in, so to speak, in a world of endless central bank quantitative easing. But in the wake of the pandemic setting off an unstoppable deflationary spiral, characterized by a multi-level crisis, domestic economic disruptions, plummeting external demand, capital flow reversals, and a collapse in commodity prices, in what could be the worse deflationary...