Ray Dalio Jokingly Says If Taylor Swift Ran For President, He'd 'Consider Supporting Her'
Portfolio Pulse from Surbhi Jain
Ray Dalio jokingly suggested that Taylor Swift could be a unifying presidential candidate, highlighting her ability to bring people together. Dalio's comments reflect his serious concerns about societal divisions in the U.S. and the need for a leader to address them. Bridgewater Associates, Dalio's hedge fund, has significant holdings in iShares Core S&P 500 ETF (IVV), iShares Core MSCI Emerging Markets ETF (IEMG), and Alphabet Inc (GOOG, GOOGL).

May 21, 2024 | 7:57 pm
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NEUTRAL IMPACT
Bridgewater Associates holds 4.87% of their portfolio in iShares Core MSCI Emerging Markets ETF (IEMG).
The article mentions IEMG as a significant holding in Bridgewater Associates' portfolio, but there is no direct news affecting IEMG's price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Bridgewater Associates' largest holding is the iShares Core S&P 500 ETF (IVV), which commands 5.57% of their portfolio.
The article mentions IVV as the largest holding in Bridgewater Associates' portfolio, but there is no direct news affecting IVV's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Bridgewater Associates has increased its allocation to Alphabet Inc (GOOG) from 1.60% to 4.10% in Q1 2024.
The significant increase in allocation to Alphabet Inc (GOOG) by Bridgewater Associates suggests a positive outlook on the stock, which could lead to a short-term price increase.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Bridgewater Associates has increased its allocation to Alphabet Inc (GOOGL) from 1.60% to 4.10% in Q1 2024.
The significant increase in allocation to Alphabet Inc (GOOGL) by Bridgewater Associates suggests a positive outlook on the stock, which could lead to a short-term price increase.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90