Keep pulling the thread on Ray Dalio.
The U.S. national debt has surpassed $39 trillion, reaching a new record.
New projections show that tariffs are expected to add $1 trillion to the U.S. deficit over the next 10 years.
Ray Dalio believes the post-1945 multilateral world order, characterized by institutions like the United Nations and World Bank, has ended.
Ray Dalio asserts the current global order has reverted to a pre-1945 state where power dynamics, rather than multilateral rules, are the primary governing force.
Ray Dalio identifies an alliance consisting of China, Russia, Iran, and North Korea in the current global geopolitical landscape.
The U.S. federal deficit was $1.3 trillion in the first half of the current fiscal year.
Ray Dalio predicts a period of heightened risk will occur between the 2026 U.S. midterm elections and the 2028 U.S. presidential election.
The U.S. government has annual expenditures of approximately $7 trillion against revenues of about $5 trillion, resulting in spending that is 40% over its income.
Ray Dalio states that global demand for U.S. government debt is declining.
Ray Dalio argues that the risk of U.S. sanctions is reducing the willingness of countries like China to hold dollar-denominated debt.
Microsoft's revenue increased by 18% year-over-year in its latest earnings report, beating analyst expectations.
Amazon's latest earnings report exceeded expectations, driven by strong cloud growth, but its stock fell approximately 1% in after-hours trading.