Ray Dalio warns that a new policy at the Fed could stoke a bubble. "Did you see the Fed's announcement that it will stop QT and begin QE," asks legendary investor Ray Dalio, the founder of Bridgewater Associates, a provocative, and arguably false, characterization of what the Fed is doing. He is right that the Fed will stop its quantitative tightening program of reducing the size of its balance sheet, now nearly $7 trillion, on Dec. 1. Chair Jerome Powell did tell CNBC's Steve Liesman at October's post-decision press conference that the Fed could start adding assets next year. "At a certain point, you'll want to ... (full story)