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Jeff Gundlach Is ‘On Recession Watch’, Sees 75% Chance Of Downturn Before Election
Jeff Gundlach - who is in the UK, apparently - opened his mouth on Thursday and out came a series of
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It seems most of the bulls on Gold are now neutral or short term bearish.
I think the interplay between the Fed, trump and the economy has to be framed to view trump’s policies as total failures across the board — because if the Fed has to lower rates to zero and return to the liquidity crisis of The Great Recession, that indicates total failure for trump. That might be circular logic, but how can one pretend the economy is or was great under trump, if rates have to go to zero, in order for America to survive? To be in crisis mode also suggests that banks are ready to crash again and that trump did nothing to prevent this crisis — a crisis he created immediately after the election!
As per Gundlach…..not a lot of point being critical in as he is human and that means when he is having his moment in the Sun he will be liking the idea of hearing himself talk..lol…..
Postcard from FRED: 7 yr treasury minus 2-yr (ugly)
https://fred.stlouisfed.org/graph/?g=oQIm