Ray Dalio, founder of the world’s largest hedge fund, has been vocal about the major challenges facing the U.S. economy. On *Meet the Press* (April 13), he echoed a concern I share: the current global order—monetary, trade, and geopolitical—is breaking down, much like it did in the 1930s.
His closing advice—*“work together and negotiate, don’t dictate”*—is a successful path forward for USA. If U.S. leadership adopts this mindset, I’ll become more optimistic. Until then, I’m preparing for the outcome Dalio warns of.
We could soon face a rare and dangerous combination: a falling U.S. dollar, rising bond yields, and a declining stock market. That scenario would erode the wealth of Americans heavily invested in domestic assets and could trigger a modern Great Depression. We have weeks, not years left before things get moving.
This is why I’ve been advocating for global diversification. Consider assets non-USA stable country fund EFAV, or individual country ETF's like INDA. Alternative assets like Gold Miners and Bitcoin may hold or rise in value during the storm. Many 401(k) plans already include international funds—take a closer look.
Take action Talk to your financial advisor from a *global perspective* about how truly diversified your portfolio is—and whether it’s built to weather what’s coming.
Future posts will label "Short Term" vs "Long Term" (year plus) investment commentary. Both are linked on left of this blog for easy filtering.
