Get the latest market trends in your inbox
Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul
Tampa-St. Petersburg news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg
Ray Dalio, founder of Bridgewater Associates (Michel Euler / AP)
"Dalio Says the U.S. Is the Most Divided Since 1937" ... "Billionaire hedge fund manager Ray Dalio said [on LinkedIn that] he's 'tactically reducing our risk' because he's 'concerned about growing internal and external conflict leading to impaired government efficiency,'" Bloomberg's Katia Porzecanski reports:
- "Dalio, whose views on ... Trump's administration have soured in recent months, said 'politics will probably play a greater role in affecting markets than we have experienced any time before in our lifetimes but in a manner that is broadly similar to 1937.'"
- "I'm watching how conflict is being handled as a guide, and I'm not encouraged," Dalio said Monday. "Conflicts have now intensified to the point that fighting to the death is probably more likely than reconciliation."
- Read Dalio's post.