Ray Dalio, the billionaire investor who runs the world’s largest hedge fund, said the euro will “likely” stay together because austerity measures deterring growth will be balanced by European Central Bank intervention.
When stock and bond markets took a dive in late January, hedge-fund manager David Ford kept his cool.
Ray Dalio, billionaire founder of Bridgewater Associates LP, the world’s largest hedge fund-firm, said the U.S. Federal Reserve won’t be able to raise interest rates for a number of years.
"In a year or two, when there's a need for easing, the effective ability to ease will be limited."
- Ray Dalio on Dec 11, 2014