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|Date: 2022-07-02 Page is: DBtxt001.php txt00012672|
Ray Dalio Sours on Trump After Immigrant Ban, Joining Soros
Bridgewater founder was initially bullish on new U.S. leader Sees significant risk that populist policies may hurt economy
Billionaire Ray Dalio’s honeymoon with President Donald Trump is looking to be short lived.
Dalio, who in November was bullish on the incoming president’s ability to stimulate the economy, is now saying he’s more concerned that the damaging effects of Trump’s populist policies may overwhelm the benefits of his pro-business agenda.
by Saijel Kishan and Sabrina Willmer
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