Chinese government officials are warning their American counterparts they may detain U.S. nationals in China in response to the Justice Department’s prosecution of Chinese military-affiliated scholars, according to people familiar with the matter.
Ray Dalio, founder of the massive Bridgewater Associates investment firm, has been railing against cash all year long, and he doubled down on his stance on Wednesday, telling CNBC that, even amid all the stock market turmoil, it’s “not a safe investment.”