UMP Episode 22: Economic Recession Danger Looms Large Despite Widespread Dismissal with Bob Elliott

In this episode, we are joined by Bob Elliott, co-founder, CEO & CIO of Unlimited Funds, and former Bridgewater Executive who was Head of Ray Dalio’s investment team for over 10 years.Bob shares with us what macroeconomic forecasters got wrong about this cycle and why a recession has not materialized. Many people have stopped calling for a recession, but Bob believes now is the time to be on high alert for an economic downturn.  Bob walks us through what indicators he is following, how this cycle compares to previous cycles, his outlook on inflation, the bond market and much more. Bob then shares key lessons he taught at Bridgewater for over 10 years to new associates, how we can go about constructing a diversified portfolio for ourselves, and what he wishes he had known starting off in the business 25 years ago.FOLLOW BOB ELLIOTT: - Website: https://www.unlimitedfunds.com/           - Twitter (X): https://twitter.com/BobEUnlimited      FOLLOW THE SHOW: - Understanding Macro Twitter: https://twitter.com/UMacroPodcast - Website: https://www.understandingmacro.com/ ABOUT THE SHOW: Welcome to the Understanding Macro Podcast, where we explore the intersection of technology, macroeconomics and financial markets. Each week we aim to bring you thought-provoking conversations with our expert guests or introduce you to new concepts to help make you a better-informed investor. Whether you’re just a finance nerd like myself, a seasoned investor, or simply interested in how the macro economy affects your daily life, Understanding Macro has something for you. **Nothing in this show is intended to be investment or financial advice. This content is for entertainment purposes only. Please consult a financial advisor before making any investment decisions**. #investing #finance #economy