More on Ray Dalio's lowered concern about a US recession

Headline comments here earlier from the founder of Bridgewater

• Ray Dalio says less worried about a US recession despite weakness

Why?

the Fed now has both

• a) the power to lower interest rates by 2+% and to pick up QE
• and b) the willingness to do that if needed to prevent a recession.

But, don't get too carried away …

• The ECB and the BoJ both have much less room to ease. For these reasons I still remain worried about economic weakness coming at the same time as central banks' powers to reverse it are limited (especially in Europe and Japan), domestic and international conflicts are great, and there will be elections in a number of countries.

Here is the link for more