BREAKDOWN: Ray Dalio and Big-Picture Power Shifts

The Bridgewater founder is leaving his firm. 

This episode is sponsored by Nexo.io, Circle and FTX US. 

On this edition of the “Weekly Recap,” NLW looks at a slew of Federal Reserve comments indicating that no pivot on interest rates is on the horizon. He also reads a set of Ray Dalio threads as the famous hedge funder transitions away from his firm.

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I.D.E.A.S. 2022 by CoinDesk facilitates capital flow and market growth by connecting the digital economy with traditional finance through the presenter’s mainstage, capital allocation meeting rooms and sponsor expo floor. Use code BREAKDOWN20 for 20% off the General Pass. Learn more and register at coindesk.com/ideas.

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “The Now” by Aaron Sprinkle and “The Life We Had” by Moments. Image credit: Kimberly White/Getty Images for TechCrunch, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

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