Ray Dalio Warns of Expensive Leading Stocks and US Debt Concerns
Billionaire hedge fund founder Ray Dalio cautions that the "Magnificent Seven" stocks, such as Nvidia (NVDA) and Amazon (AMZN), have become "so expensive." Dalio warns that a rise in 10-year yield could severely impact these top-momentum stocks.
Dalio, the former CEO of Bridgewater Associates, emphasizes the importance of rotation in portfolios during such market conditions.
Investors are concerned about elevated 10-year bond yields, a rising US dollar, potential trade war risks, and pullbacks in major technology stocks.
Dalio believes the US must address its debt situation, as failing to do so could have significant implications for investors. He advises diversifying portfolios and avoiding excessive leverage.
Listen to the full interview on Yahoo Finance's Opening Bid podcast:
* [Apple Podcasts](https://podcasts.apple.com/us/podcast/opening-bid/id1187150323)
* [Spotify](https://open.spotify.com/show/0hBt4PgADdY3s8dMVqi18L)
* [YouTube](https://www.youtube.com/channel/UCuFg54JwiW_m-2nG6T9Fbwg)
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