Billionaire Ray Dalio's blunt message on economy turns heads
The iconic hedge fund manager spoke candidly about the state of the U.S. economy.
Look at the stock market's gains over the past two years, and you wouldn't be blamed for thinking things are roses and daisies.
Certainly, back-to-back S&P 500 returns of over 20%, including a 24% gain in 2024, are impressive.
However, stock market returns, especially into the tail end of 2024, are masking a big and growing problem.
