What Ray Dalio said this week about future US economy / ... REI

[Marcus Auerbach]

Ray Dalio is one of the few guys I follow - he built the world's largest hedge fund Bridgewater and wrote one of my favorite books: Principles.

This week he commented on the US-Chinese trade issues and the devaluation of the Yuan. I have been on record and I remain bullish for real estate in the US in general; and in particular for Milwaukee, which seems to be re-inventing itself. Even though we are technically long overdue for a correction, supply/demand and cost of new construction have not changed and it will take years to balance out and allow the housing market to soften. And even then I don't see prices come down much, based on how stable home prices were in the last 5 recessions, except the last one of course. So I'll keep buying, next one on Tuesday. What do you guys think?

Here is the link:

https://www.linkedin.com/posts...

And here is his post: