What Ray Dalio Thinks About Donald Trump's Cabinet | Exploring Markets

What Ray Dalio Thinks About Donald Trump's Cabinet

Ray Dalio wrote a piece about Donald Trump, his cabinet, and the people he's surrounded himself with. In his writing, Dalio explains what he thinks Trump's Presidency will look like and how the people he's hired will change the political landscape. To get a sense of what Dalio means, read these first few sentences:
"If you haven’t read Ayn Rand lately, I suggest that you do as her books pretty well capture the mindset. This new administration hates weak, unproductive, socialist people and policies, and it admires strong, can-do, profit makers. It wants to, and probably will, shift the environment from one that makes profit makers villains with limited power to one that makes them heroes with significant power. The shift from the past administration to this administration will probably be even more significant than the 1979-82 shift from the socialists to the capitalists in the UK, US, and Germany when Margaret Thatcher, Ronald Reagan, and Helmut Kohl came to power. To understand that ideological shift you also might read Thatcher’s “The Downing Street Years.”
Whoa, right?

But it does not end there. He then takes a look at the team Trump has created and the amount of experience that team has in high-level business positions and Government:


Take a few minutes to read Dalio's entire piece right here. It is a fascinating read. You are essentially reading the analysis of what Dalio and his hedge fund are preparing for in the Trump Presidency. You won't find this kind of analysis or insight anywhere else on the web or in the news.