The radical truth-seeking sessions are paying off.
...one macro firm that is doing well this year is Ray Dalio’s Bridgewater Associates, the world’s largest hedge fund firm with $58.9 billion under management at year-end, up about 70 percent from the prior year. Its $37 billion (at year-end) flagship Pure Alpha fund is up 11 percent net of fees so far this year, including up 1 percent in June. According to a knowledgeable source, the fund is making money in every asset class it had exposure to. It has done especially well being long bonds globally, long commodities, and emerging markets foreign exchange versus the dollar. Dalio is said to play more than 100 different markets throughout the world.