Ray Dalio Warns of Frothy Stock Market, Favors Gold as Safe Haven
Billionaire investor RAY Dalio has sounded a cautionary note on current equity markets, drawing parallels between today's AI-driven rally and the dot-com bubble of the late 1990s. Speaking at the Greenwich Economic Forum, the Bridgewater founder observed speculative tendencies while acknowledging the continued strength of tech 'super-scalers.'
Dalio positioned Gold as his preferred hedge against macroeconomic risks, recommending a 15% portfolio allocation. The precious metal's record highs coincide with his warnings about mounting government debt and currency instability—factors that historically buoy alternative stores of value.