Ray Dalio: Believing the Fed, the Brink of War, & Cash! No Longer Trash 2/2/23

The Federal Reserve has raised interest rates 25 basis points in its eighth hike since March 2022. Bridgewater founder and billionaire hedge funder Ray Dalio digests the Fed decision, the relative attractiveness of cash, bonds, and equities, and the value–real and perceived–of crypto. In an extended interview exclusive to CNBC, Dalio warns that we could be at the brink of an economic war with China. Plus, Julia Boorstin reports on Meta’s mega fourth quarter results, including what’s in store for the platform and U.S. scrutiny on TikTok. In this episode: Ray Dalio, @RayDalio Julia Boorstin, @JBoorstin Melissa Lee, @MelissaLeeCNBC Mike Santoli @michaelsantoli Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY