AI’s Emerging Threat to Financial Stability: A Caution from Yuval Harari In an eye-opening interview with the British newspaper, The Guardian, historian and author Yuval Harari raised alarms about the potential financial disasters that could be ushered in by the advancement of artificial intelligence (AI). This technological leap, while brimming with opportunities, harbors risks that … Read more
Navigating Global Bond Markets: The Impact of US Credit Rating Downgrade and Debt Ceiling Negotiations The recent downgrade of the United States’ credit rating from AAA to AA+ by Fitch Ratings has sent shockwaves through the global financial markets. This is the first time in 12 years that a top credit rating agency has downgraded … Read more
Economic Events in the First Week of August 2023: Key Dates and Impacts I’m paying close attention to the economic events scheduled for the first week of August 2023. These events include: August 1: The release of the Consumer Price Index (CPI) for July. This is a key measure of inflation, and investors will be … Read more
Introduction Ray Dalio is a billionaire hedge fund manager and the founder of Bridgewater Associates, the world’s largest hedge fund. He is known for his macro-economic insights and his book “Principles for Navigating Big Debt Crises.” In his book, Dalio argues that debt crisis cycles are a natural part of the economic system. He says … Read more