Ray Dalio

US economic growth will slow to about 1.5% within six months (by mid-2016).

“We're going to have a lower level of growth in six months from now ... about 1.5 percent.”

Said on

20 January 2016 · CNBC Squawk Box interview at the World Economic Forum, Davos

Source

Bridgewater's Dalio: Fed's next move toward QE, not tightening · CNBC

Should come true

Jul 2016

How sure they sounded

We're going to

Categories

Economy

Importance

3 of 5 · Call on the pace of the US economy.

Outcome

Accurate Happened 30 June 2016.

US real GDP grew 1.5% year over year in Q2 2016 (current BEA data via FRED), down from 2.1% in Q4 2015, and 1.3% annualized quarter over quarter. That matches the call of slower growth of about 1.5% six months on.

Evidence:

• https://fred.stlouisfed.org/series/A191RO1Q156NBEA
• https://fred.stlouisfed.org/series/A191RL1Q225SBEA