WS #15586
Ray Dalio has issued a warning that rising bond yields and deteriorating corporate cash flows pose a significant threat to the stock market, signaling a potential shift in the macro regime. This is corroborated by a Reuters/Ipsos poll showing 66% of Americans feel costs are rising faster than wages, and 78% blame the White House, suggesting persistent inflationary pressure that could limit Fed flexibility and pressure consumer-facing equities.
Macro Financial Stress
Ray Dalio has issued a warning that rising bond yields and deteriorating corporate cash flows pose a significant threat to the stock market, signaling a potential shift in the macro regime. This is corroborated by a Reuters/Ipsos poll showing 66% of Americans feel costs are rising faster than wages, and 78% blame the White House, suggesting persistent inflationary pressure that could limit Fed flexibility and pressure consumer-facing equities.