Ray Dalio: the warning light is flickering

A full-blown crisis may not be imminent, but investors should nevertheless be wary.

925-Dalio-634

Ray Dalio,founder of Bridgewater Associates
(Image credit: 2018 Getty Images)

In December 2007, Ray Dalio, founder and co-chief investment officer of Bridgewater Associates, the world's biggest hedge fund, went to Washington to warn White House officials that the banking system was at risk of suffering trillions of dollars in losses. "It was initially perceived as... pretty kooky." Of course, his warnings turned out to be entirely correct.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.