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    Ray Dalio studied 500 years of history and says there are 5 cycles driving today’s markets with the same patterns repeating ‘like a movie’

    Ray Dalio studied 500 years of history and says there are 5 cycles driving today’s markets with the same patterns repeating ‘like a movie’

    Dalio was among the notable leaders who talked with Fortune at the USA House in Davos.

    January 22, 2026

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