Ray Dalio says bonds may be a bad bet — or any U.S. dollar-den | Bloomberg

Ray Dalio says bonds may be a bad bet — or any U.S. dollar-denominated asset for that matter. “Rather than get paid less than inflation why not instead buy stuff — any stuff — that will equal inflation or better?” he wrote on LinkedIn. http://bloom.bg/3qVpmiR

Once Asia’s richest man, a Chinese billionaire — whose empire spanned movie theaters to Spanish soccer club Atletico Madrid — is trying to salvage his fortune after losing $32 billion in less than six years. http://bloom.bg/30LojHE

Better Covid vaccines may be coming soon. The World Health Organization’s top scientist says six to eight new immunizations, including ones that don’t require needles, may complete trials and undergo review by the end of the year. http://bloom.bg/30K1y7f