It is the 25th of August 2019

News

Ron Paul: "The Fed's Massive Bubble Is Creating A World Of Economic Pain"

There shouldn't be a Federal Reserve, but it exists, and it's constantly creating a world of economic pain.?

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Is Bridgewater A Fraud? Here Are The Troubling Questions Posed By Jim Grant

Jim Grant, author of Grant's Interest Rate Observer, first hinted last week that not all is well when it comes to the world's biggest hedge fund, Ray Dalio's $160 billion Bridgewater (of which one half is the world's biggest risk-parity juggernaut). Speaking to Bloomberg last week, Grant said he was "bearish" on Bridgewater because founder Dalio has become "less focused on investing, while the firm lacks transparency and has produced lackluster returns."

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