The United States seems to have an economic crisis every 10 years or so.
In these perilous times, a well thought out asset allocation strategy is crucial.
"All the positive forces that propelled the equity markets earlier this year have fallen off the table.
Ray Dalio, Co-CIO of Bridgewater Associates, one of the largest and most successful hedge funds in the world, has written an excellent treatise on what he sees happening to investments in the near future.
Recessionary periods are a necessary evil in a financial system such as ours to wring out the excesses in the economy. Recessions can be devastating for certain people through job loss and the failure of businesses. But even an economic downturn can have some positive implications. Please see the original post from A Wealth of... Continue Reading →