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-0.000389787565776666 -0.000714610537257283 -0.000909504320145617 -0.000535957902942963 -0.00230624309751179 -0.00883518482427086 -0.0101019944130449 -0.0101019944130449
Stock impact report

Ray Dalio warns of 'capital wars' as global investors may shun US debt [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
"On the other side of trade deficits and trade wars, there are capital and capital wars," Dalio told CNBC's "Squawk Box" at the World Economic Forum in Davos, Switzerland. "If you take the conflicts, you can't ignore the possibility of the capital wars. In other words, maybe there's not the same inclination to buy at U.S. debt and so on." The founder of Bridgewater Associates expressed concern that countries holding large amounts of U.S. dollars and Treasurys may become less willing to finance U.S. deficits if trust erodes. "We know that both the holders of U.S. dollars are denominated ... and those who need it, the United States, are worried about each other. Right? So if you have other countries who are holding it, and they're worried about each other, and we're producing a lot of it, that's a big issue," he said. Treasury prices fell Tuesday as investors assessed renewed tariff threats from Washington that revived fears of a trade war with Europe. The President has intensifi Show less Read more
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