Ray Dalio calls upcoming U.S. election the most consequential of his lifetime

Published On Sep 18, 2024, 9:55 PM

Ray Dalio, founder of Bridgewater Associates, has labeled the upcoming 2024 U.S. elections as potentially the most significant of his lifetime. He emphasizes the need for a 'strong leader of the middle' and suggests that the country strives for 'broad-based prosperity.' Dalio highlights the current divisions in U.S. society and politics, raising concerns about the implications for the democratic process, particularly regarding the acceptance of election outcomes. He has indicated that neither leading candidate represents the necessary leadership to unify and guide the country toward effective reforms, advocating instead for collaboration among moderates to create a more prospering society.