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This is a very dangerous part of the cycle, we're 10 years into an expansion and it seems clear that the Fed has overtightened. Unemployment is a lagging indicator. And negative interest rates can be found in many places. If the(Fed's) goal is to keep the expansion going, they need to be more aggressive. You have to think bigger than a so-called (and mislabeled) insurance rate cut.

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Reuters 5 years ago
Jeffrey Gundlach

Jeffrey Gundlach

Jeffrey Gundlach (born October 30, 1959) is the founder of Doubleline Capital, an investment firm. He was formerly the head of the $9.3 billion TCW Total Return Bond Fund, where he finished in the top 2% of all funds invested in intermediate-term bonds for the 10 years that ended prior to his departure.

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    "Jeffrey Gundlach Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 3 Dec. 2024. <https://www.quotes.net/citizen-quote/323634>.

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