Dalio: The U.S. stock market bubble indicator is approaching levels seen before the 1929 and 2000 bubbles, and it will be difficult to make money in the next 3 to 10 years.
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Golden Finance July 18th|Bridgewater founder Dalio stated that the current US stock market bubble indicators are approaching the highs of 1929 and 2000, making it difficult to expect substantial returns in the next 3-10 years. Bubbles are often fueled by excitement around new technologies and lending, but usually burst due to tightening monetary policy, surging cash demand, and a transition from paper wealth to liquidation.
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