[ad_1]
Jeffrey Gundlach was interviewed on CNBC, and had some pithy scorching takes:
- The inventory market, frankly, is exhibiting indicators of a mania
- To name this a brand new bull market is admittedly pushing it.
- Calls the FOMC determination a “hawkish pause”
- Do not assume the Fed
will proceed to hike - Actual financial
indicators look actually unhealthy - Fed is overstating
inflation danger presently - If the Fed follows its
said path, it might break one thing - S&P 500 is
‘actually overvalued’
Gundlach says its a pause however does not assume they’re going to hike once more. Which appears incongruent. However, he is the bazillionaire and I ain’t so I will let it slide.
[ad_2]
Source link
