4.6 • 1.3K Ratings
🗓️ 2 November 2024
⏱️ 7 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | Will demand boom after the election? |
0:02.1 | I don't think demand will boom at all. |
0:04.5 | You're talking about the event. |
0:05.7 | Ray Dalio, and this was in Saudi Arabia, it was an investor conference. |
0:10.2 | I believe Larry Fink spoke there and he talked about that roundtable, right? |
0:15.1 | Yeah, and I don't know if it was a roundtable, but I know he talked about how he doesn't think |
0:18.5 | the Fed is going to reduce rates by another 50 basis |
0:21.9 | points by the end year. |
0:22.7 | It's going to be 25 is his opinion. |
0:24.7 | Some other people are saying similar things, although the Fed said that they were going to |
0:27.2 | do one point this year. |
0:28.2 | They already did a half a point. |
0:29.4 | I mean, come on, it's probably a quarter. |
0:32.4 | I don't think anyone really knows other than the Fed. |
0:35.2 | I'll bet you it's a quarter. But what Ray Dalio is discussing is, hey, there's a big issue of debt. |
0:43.7 | And all these countries have debt. |
0:46.0 | And what people believe when things are bad or the economy's bad weather, |
0:49.5 | it's because we print too much money or there's debt, |
0:52.0 | a lot of people believe, you know what? |
0:55.4 | Harris is going to change your economy. |
0:56.9 | Trump is going to change the economy. |
0:58.3 | I hate to say it. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Eric Siu and Neil Patel, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Eric Siu and Neil Patel and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.