Search Results

Bridgewater’s Distinguished Speaker Series welcomed Stephen A. Schwarzman, Blackstone’s chairman, CEO, and co-founder. Schwarzman recounted his experience growing Blackstone from a mere idea to one of the world’s leading investment firms, the values he champions in his employees, and how he picks his philanthropic projects.

With monetary policy stretched to its limits, fiscal policy is more important than ever in offsetting the ongoing economic drag from the virus. Meanwhile, the US stimulus has begun to fade while other countries never had sufficient stimulus to begin with. Bridgewater’s research team explores the nature and impact of fiscal policy across the world.

Though every global economy and market was largely subjected to the same first-order effects of the pandemic, China’s economy and assets have performed very differently than the rest of the world. This divergence highlights the value of geographic diversification, especially with regards to Chinese markets. Given its size, rapidly opening capital markets, unique position in the business cycle, and non-zero rates, tracking China closely has never been more important, and the diversification it offers has never been more valuable.

As our Chief Legal Officer and Corporate Secretary, Tracey Yurko leads the legal and corporate governance functions for Bridgewater, managing legal risk across the firm and its funds. She was recently recognized by Corporate Counsel as a recipient of their 2020 “Women, Influence & Power in Law” award, honoring top lawyers who have made a remarkable difference in the legal profession.

As an autistic adult, Robison spoke to the Bridgewater community about neurological diversity and living in a world that doesn’t always support his way of processing or thinking — and how sometimes what seems like a barrier can create a competitive advantage when placed in an inclusive and supportive environment.

While the election is very important across many dimensions, it’s worth keeping in mind that the dominant forces shaping economic and market conditions remain the same — the virus is a huge and ongoing drag on spending, monetary policy is at the end of the line, policymakers are making cash as unattractive as they can, and the shift of economic power from West to East has accelerated. Co-CIO Bob Prince and senior investor Melissa Saphier explore where we stand with regard to these key conditions.