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‘Markets are imploding’ because the Fed isn’t doing its job, says billionaire investor Bill Ackman

By William Watts ‘How does this downward market spiral end? It ends when the Fed puts a line in the sand on inflation and says it will do “whatever it takes.”’ — Bill Ackman, founder and CEO, Pershing Square Capital That’s hedge-fund billionaire Bill Ackman sounding off on Twitter Tuesday, blaming a timid Federal Reserve …

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Hedge Fund Manager Ray Dalio Says Buy Gold As Hedge Against Inflation

Ray Dalio says gold will be a #1 investment during upcoming ‘paradigm shift’ for global markets Hedge fund kingpin Ray Dalio is seeing a case for gold as central banks get more aggressive with policies that devalue currencies and are about to cause a “paradigm shift” in investing. Dalio, founder of the world’s largest hedge …

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