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Ray Dalio says it is time to hedge against possible North Korea war

Meanwhile, a failure to raise the debt ceiling could lead to a technical default by US, warns the Bridgewater CEO

Ray Dalio says it is time to hedge against possible North Korea war
Photo: Getty Images

At least one prominent Wall Street investor seems to think a war with North Korea is a real possibility, MarketWatch reports.

Ray Dalio, chairman and chief investment officer at Bridgewater Associates, has urged investors to hedge their risks with gold amid rising geopolitical tensions.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire