Ray Dalio thinks there are better assets to hold than cash as central banks print money and keep interest rates low in response to the coronavirus pandemic. “Please remember that while it doesn’t move around in value as much as other assets, there is a costly negative...
The Nasdaq crashed 13% from February 24-28. The three-month crash into late December 2018 was 20%+, but not this sharp. This crash is now the fastest in one week following a new high in stocks. The coronavirus is what I call a real “black swan.” Something that comes...