Ray Dalio Says It’s Time to Buy Stuff Amid ‘Stupid’ Bond Economics

Bloomberg2021-03-16

Ray Dalio has long been known for his disdain of holding cash amid rising money printing and inflation, but the billionaire investor now says bonds may be a bad bet as well -- or any-U.S. dollar ...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

Vivienrose
2021-03-16
Vivienrose
😅😅😅
定得利DT
2021-03-16
定得利DT
Meh
IsleofSkye
2021-03-16
IsleofSkye
So what are the other options?
- 闪电侠08:
  H
- Jinyuan:
  investing of course!
Airlee
2021-03-16
Airlee
Agree
- spin37gy:
  Yup
Shindokai
2021-03-16
Shindokai
Very true.
JimmyChua
2021-03-16
JimmyChua
Buy REITs

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/1159882143?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2021-03-16 08:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1159882143","market":"us","top_or_hot":-1,"title":"Ray Dalio Says It’s Time to Buy Stuff Amid ‘Stupid’ Bond Economics","media":"Bloomberg","content":"<div>\n<p>Ray Dalio has long been known for his disdain of holding cash amid rising money printing and inflation, but the billionaire investor now says bonds may be a bad bet as well -- or any-U.S. dollar ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-15/dalio-says-it-s-time-to-buy-stuff-amid-stupid-bond-economics?srnd=premium-asia\">网页链接</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ray Dalio Says It’s Time to Buy Stuff Amid ‘Stupid’ Bond Economics</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRay Dalio Says It’s Time to Buy Stuff Amid ‘Stupid’ Bond Economics\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 08:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-15/dalio-says-it-s-time-to-buy-stuff-amid-stupid-bond-economics?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ray Dalio has long been known for his disdain of holding cash amid rising money printing and inflation, but the billionaire investor now says bonds may be a bad bet as well -- or any-U.S. dollar ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-15/dalio-says-it-s-time-to-buy-stuff-amid-stupid-bond-economics?srnd=premium-asia\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".SPX","symbol_name":"S&P 500 Index","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2021-03-15/dalio-says-it-s-time-to-buy-stuff-amid-stupid-bond-economics?srnd=premium-asia","article_id":"1159882143","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1159882143","pubTimestamp":1615853113,"columns":[],"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Ray Dalio has long been known for his disdain of holding cash amid rising money printing and inflati","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"translate_title":"雷•达里奥说，在“愚蠢的”债券经济背景下，是时候买东西了","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"ZNmain":0.9},"content_text":"Ray Dalio has long been known for his disdain of holding cash amid rising money printing and inflation, but the billionaire investor now says bonds may be a bad bet as well -- or any-U.S. dollar denominated asset for that matter.\n“The economics of investing in bonds (and most financial assets) has become stupid,” he said Monday in a post on LinkedIn. “Rather than get paid less than inflation why not instead buy stuff — any stuff — that will equal inflation or better?”\nDalio thinks it may even be a good time to borrow cash to buy higher-returning non-debt investment assets in a new paradigm he said could be characterized by “shocking” tax increases and prohibitions against capital movements. With rising amounts of government debt and “classic bubble dynamics” among many different asset classes, Dalio recommends a “well-diversified” portfolio of non-debt and non-dollar assets.\n“I also believe that assets in the mature developed reserve currency countries will underperform the Asian (including Chinese) emerging countries’ markets,” he wrote, adding that Chinese bond holdings by international investors are rising fast.\nOther Key Quotes:\n\n“I believe cash is and will continue to be trash (i.e., have returns that are significantly negative relative to inflation) so it pays to a) borrow cash rather than to hold it as an asset and b) buy higher-returning, non-debt investment assets.”\n\n\n“There’s just so much money injected into the markets and the economy that the markets are like a casino with people playing with funny money.”\n\n\n“If history and logic are to be a guide, policy makers who are short of money will raise taxes and won’t like these capital movements out of debt assets and into other storehold of wealth assets and other tax domains so they could very well impose prohibitions against capital movements to other assets (e.g., gold, Bitcoin, etc.) and other locations. These tax changes could be more shocking than expected.”\n\n\n“TheUnited Statescould become perceived as a place that is inhospitable to capitalism and capitalists.”\n\n\n“Because of limitations of how low interest rates can go, bond prices are close to their upper limits in price, which makes being short them a relatively low-risk bet.”\n\n\n“Watch central bankers’ actions—i.e., see if they increase their bond buying when interest rates are rising led by long-term interest rates and when the markets and economy are strong—because that action would signal that they are experiencing supply/demand problems.”\n\n\n“Also, watch the rates of change in the injections of these stimulants in relation to the effects they are having on the economy’s vigor because the more stimulants that are being applied per unit of growth, the less effective they are and the more serious the situation is.”","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":325911466,"gmtCreate":1615856873855,"gmtModify":1703494020540,"author":{"id":"3575585519231161","authorId":"3575585519231161","name":"Vivienrose","avatar":"https://static.tigerbbs.com/def4c9c09d2d61a66e1bd9447e42aa29","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3575585519231161","idStr":"3575585519231161"},"htmlText":"😅😅😅","listText":"😅😅😅","text":"😅😅😅","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/325911466","repostId":1159882143,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":325990950,"gmtCreate":1615855314570,"gmtModify":1703493987721,"author":{"id":"3569464793088167","authorId":"3569464793088167","name":"定得利DT","avatar":"https://static.tigerbbs.com/ceb31ac8d94d490b1b5f9ba8e159d47f","vip":1,"crmLevel":9,"crmLevelSwitch":0,"authorIdStr":"3569464793088167","idStr":"3569464793088167"},"htmlText":"Meh","listText":"Meh","text":"Meh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/325990950","repostId":1159882143,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":325904483,"gmtCreate":1615855225142,"gmtModify":1703493985843,"author":{"id":"3568855588230949","authorId":"3568855588230949","name":"IsleofSkye","avatar":"https://static.tigerbbs.com/67513c367fa2b32512713968a36dcf7d","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3568855588230949","idStr":"3568855588230949"},"htmlText":"So what are the other options?&nbsp;","listText":"So what are the other options?&nbsp;","text":"So what are the other options?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/325904483","repostId":1159882143,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3803608,"gmtCreate":1615855764453,"gmtModify":1635753956080,"authorId":3557814871166009,"author":{"id":3557814871166009,"idStr":"3557814871166009","authorId":3557814871166009,"name":"闪电侠08","avatar":"https://static.tigerbbs.com/f6450511f68919f0aaec67826ad592dd","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":325904483,"type":1,"supId":0,"prevId":0,"content":"H","text":"H","html":"H"},{"id":3803611,"gmtCreate":1615855796921,"gmtModify":1635753955711,"authorId":3574286103228100,"author":{"id":3574286103228100,"idStr":"3574286103228100","authorId":3574286103228100,"name":"Jinyuan","avatar":"https://static.tigerbbs.com/b083889e4ac40197a5ea0a1dcc0193c4","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":325904483,"type":1,"supId":0,"prevId":0,"content":"investing of course!","text":"investing of course!","html":"investing of course!"}],"langContent":"EN"},{"id":325044856,"gmtCreate":1615854075475,"gmtModify":1703493958167,"author":{"id":"3570514907188769","authorId":"3570514907188769","name":"Airlee","avatar":"https://static.tigerbbs.com/f498172d13578b027d022139a285cc1c","vip":1,"crmLevel":7,"crmLevelSwitch":0,"authorIdStr":"3570514907188769","idStr":"3570514907188769"},"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/325044856","repostId":1159882143,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3803699,"gmtCreate":1615856328549,"gmtModify":1635753949647,"authorId":3574212983712096,"author":{"id":3574212983712096,"idStr":"3574212983712096","authorId":3574212983712096,"name":"spin37gy","avatar":"https://static.tigerbbs.com/97dfcecfb7a4ab4bcb3c2ae6bb551e51","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":325044856,"type":1,"supId":0,"prevId":0,"content":"<u>Yup</u>","text":"<u>Yup</u>","html":"<u>Yup</u>"}],"langContent":"EN"},{"id":325042171,"gmtCreate":1615853962093,"gmtModify":1703493955608,"author":{"id":"3576820982022251","authorId":"3576820982022251","name":"Shindokai","avatar":"https://static.tigerbbs.com/548d3e56658ca7df99ec4ad0e0b65d4d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3576820982022251","idStr":"3576820982022251"},"htmlText":"Very true.&nbsp;","listText":"Very true.&nbsp;","text":"Very true.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/325042171","repostId":1159882143,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":325048297,"gmtCreate":1615853907719,"gmtModify":1703493952872,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3574984385549978","idStr":"3574984385549978"},"htmlText":"Buy REITs","listText":"Buy REITs","text":"Buy REITs","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/325048297","repostId":1159882143,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":68,"commentSize":11,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1159882143"}