Ray Dalio says investors are staring down a period of weak returns as low rates inflate asset bubbles — and warns we’re in the ‘problem’ part of the current cycle

With the Federal Reserve pinning down interest rates, return-hungry investors have turned to stocks for the income bonds would have provided in a different era. But with all of this appreciation in stocks, little upside potential remains, according to legendary investor Ray Dalio.
“When you buy …

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