Honestly kinda funny timing with $SPY at these levels. Dalio's been calling stuff for years but when he drops bubble indicator you gotta at least pause and look around
Far be it from me to question Ray Dalio, but this executive branch is the most pro business of all time and with tax certainty and massive deregulation are going to be wind at the back for stocks! Also, instead of picking winners and losers, this administration is lifting all!
Remembering Nouriel Roubini's correct call for the subprime debacle, and housing crash in 2008. He made the prediction in 2006.
The bubbles are there but when they'll burst is another thing.
He told us to put 15-20% in gold at all time highs after a doubling in 2 years. His firm is finally doing well after he left. He’s another great talker who raised shit loads of money that would have been much better off owning spyders.