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Dollar's Global Party Hits Snooze as Ray Dalio Drops Truth Bombs

Reading time: 2 min • Apr 29, 2025, 05:40 AM (UTC)

Key Points

  • Ray Dalio warns that globalization's glory days are over as ...

Gone are the days when Uncle Sam's currency could strut around like it owned the place. Ray Dalio, everyone's favorite hedge fund philosopher, is here to tell us that globalization's glory days are about as relevant as a flip phone at a tech convention.

Trade Wars and Market Snores

The U.S.-China relationship has devolved from "it's complicated" on Facebook to "unfriended" in real life. Markets are throwing a fit, with U.S. equities looking as attractive as yesterday's leftover sushi. The mighty dollar has tumbled to 2022 levels, suggesting that even George Washington is having a rough year...

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