A postelection America worries U.S. billionaire Ray Dalio, who called for reforms numerous times amid a political landscape strife with what he views as irreconcilable differences between both Democratic and Republican parties.
"Both of the candidates worry me," Dalio told CNBC.
I think there needs to be a bringing of Americans together, that middle of that, and making great reforms.
… There needs to be a strong leader of the middle, I believe, that makes great reforms.
Dalio noted that Republican presidential candidate Donald Trump is "a lot more capitalist" than Democratic candidate Kamala Harris, and therefore better for domestic capital markets.
Persons:
Ray Dalio, Dalio, Donald Trump, Kamala Harris
Organizations:
Democratic, Republican, Future Investment Initiative, Bridgewater Associates, CNBC
Locations:
America, Saudi Arabia