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Ray Dalio: Predictions and Track Record

How accurate are Ray Dalio’s predictions?

As of Nov 13, 2026, of 5 counted market calls by Ray Dalio since 2022, 0 were right (0%). Too few for a grade (20 needed).

Grade
–
Right
0%
Counted calls
5

How calls are graded

Track record

6 counted calls
202220232024202520264,0006,0008,000May 3, 2022: bearish, wrongNov 3, 2022: bearish, wrongNov 10, 2025: bearish, wrongJun 3, 2026: bearish, wrongAug 3, 2026: bearish, wrongNov 2, 2026: bearish, open
S&P 500 daily close since January 2022, log scale, as of Nov 13, 2026. Triangle up: bullish; down: bearish. Filled: right; hollow: wrong; gray: not yet graded.

Latest predictions

5 most recent
  1. Bearish

    Ray Dalio went further, telling Bloomberg Television that his bubble indicators showed markets "rising close to—not at—the same level in 2000 and the same level in 1929." finance.yahoo.com

    Wrong Came due S&P 500 −0.4%

  2. Bearish

    Dalio explained the mechanism of how such a bubble eventually bursts: "The pricking is the converting of wealth into money." He noted that today's AI-driven market is… zerohedge.com

    Wrong Came due S&P 500 +2.6%

  3. Bearish

    Other market pros, like Ray Dalio, have warned that the Fed's easing cycle could help inflate a bubble in markets. businessinsider.com

    Wrong Came due S&P 500 +1.6%

  4. Bearish

    “When interest rates go up, asset prices go down,” Dalio said Thursday. “The assets have gone down reflecting the interest rate adjustment but not down reflecting the… institutionalinvestor.com

    Wrong Came due S&P 500 +11.2%

  5. Bearish

    In fact, US stocks in aggregate still look overvalued by our measures. History shows that once the popping begins, bubbles more often overcorrect to the downside versus… valuewalk.com

    Wrong Came due S&P 500 −0.5%

  1. Bearish

    Yahoo Finance reported on October 9 that Bridgewater Associates’ Ray Dalio said the market is close to bubble territory. insidermonkey.com

    Open Due S&P 500 +0.3% so far

All calls

With score and S&P 500 move

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