Ray Dalio shares his thoughts on SVB, offers investing advice, and warns of a 'very risky time' ahead. Here are his 7 best quotes from March.
"I was asked to share my thoughts about the Silicon Valley Bank situation. I want to convey that it's very indicative of what the whole economy is like. So there's its particular situation, and the Fed coming in and guaranteeing all depositors. But it's a common situation. It exists pervasively."
"I think that it is a very classic event in the very classic bubble-bursting part of the short-term debt cycle." "Based on my understanding of this dynamic and what is now happening , this bank failure is a 'canary in the coal mine' early-sign dynamic that will have knock-on effects in the venture world and well beyond it." "While people are now not thinking about the next interest-rate cut and quantitative easing of the Fed, we should because the timing of these is probably less than about a year away and that will have big effects.
"Please understand that I'm not sure of anything. That's why I believe that the key to good investing lies in achieving balance of uncorrelated good return streams so that one's portfolio has little or no bias to go up and down as conditions get better and worse. As I have stated repeatedly, this risk reduction can be done without reducing expected returns. So that's what I think and what I recommend doing.
"This setup implies to me that there is a significant risk that there will be 1) bad financial and economic conditions at a time of 2) bad internal conflict and 3) bad international conflicts—with the world being leveraged long. In a nutshell, it looks to me like the next two years will be a very risky time."
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
FDIC retains BlackRock unit for Signature Bank, SVB securities portfolio saleThe Federal Deposit Insurance Corporation (FDIC) has retained BlackRock Inc unit Financial Market Advisory to sell the securities portfolios it kept in receivership after the collapse of Signature Bank and Silicon Valley Bank.
Consulte Mais informação »
The venture debt community confronts a post-SVB futureThere's confusion and skepticism in the venture debt community as the industry struggles to figure out the future of SVB's loan business
Consulte Mais informação »
Lending to consumers drops shows Dallas Fed survey after SVB collapseLending to consumers has dropped as banks move quickly to further tighten credit standards after the failure of SVB, Fed survey says
Consulte Mais informação »
How SVB-Like Risks Confounded Tokyo’s $5 Trillion ManJapan's fragile regional bank network have long hoarded bonds instead of making loans. Now those bonds are in harm's way as the U.S. Federal Reserve and other giant central banks hike interest rates.
Consulte Mais informação »
Gun, shell casings at crime scene were ‘peculiar,’ cop testifies at lawyer’s murder trialMontclair attorney James Ray says he shot Angela Bledsoe in self-defense.
Consulte Mais informação »
Ray Shulman, Gentle Giant Co-Founder and Producer for Sugarcubes and the Sundays, Dies at 73Ray Shulman, a multi-instrumentalist known for his work with the progressive-rock band Gentle Giant and later a successful producer for the Sundays, Bjork’s early band the Sugarcubes, and many othe…
Consulte Mais informação »