Ray Dalio calls upcoming U.S. election the most consequential of his lifetime
Speaking to CNBC's "Squawk Box Asia" on Thursday, the founder of Bridgewater Associates explained that what the U.S. needs is "broad-based prosperity."
Speaking to CNBC's "Squawk Box Asia" on Thursday, the founder of Bridgewater Associates explained that what the U.S. needs is "broad-based prosperity."
On Wednesday, Dalio listed debt, money and the economic cycle as one of the top five forces influencing the global economy.
Cryptocurrency exchange Binance has seen a 40% increase this year in institutional and corporate investors, CEO Richard Teng told CNBC's Lin Lin.
The so-called dot plot indicated that 19 FOMC members see the benchmark fed funds rate at 4.4% by the end of this year.
The Federal Reserve on Wednesday lowered the federal funds rate to a range between 4.75%-5%.