Ray Dalio Confirms the Market Is in a Bubble… But He Says It’s Not Time to Sell Nvidia Stock Yet

AI stocks have been going through a troubling period in the past few weeks. Some have cratered, whereas others are plateauing as Wall Street believes that the entire sector is now in a bubble. Bridgewater Associates founder, billionaire Ray Dalio, shares the same view. However, there's a distinction. According to Dalio, the market is in bubble territory, but he reckons that we're at "80%" of the euphoria seen in 1929 and in 2000. He also says that the bubble "needs to be pricked," meaning that the broader ...