I am sure if given the chance to purge, if only for one night. Jeffrey Gundlach, a manager of $93 billion for DoubleLine, would choose vengeance against the hawkish members of the Federal Reserve. In light of today’s 0.6% GDP forecast by the Atlanta Fed, Gundlach is tossing cannonballs at the ‘faction of five’, a term he dubbed to describe assholes on the Fed.
“With GDPNow just slashed to 0.6 percent, an April rate hike should be inconceivable.” What would last week’s ‘faction of five’ say now?” Gundlach was referring to the hawkish tone on interest rates by Atlanta Fed President Dennis Lockhart, St. Louis Fed President James Bullard, San Francisco Fed President John Williams, Federal Reserve Bank of Richmond President Jeffrey Lacker and Federal Reserve Bank of Philadelphia President Patrick Harker.
They (we) are in a tight spot. Long term rates at near zero creates imbalances throughout the economy. Is the Fed the cure worse than the disease? I believe that Fed power has been misapplied over and over.
Could be the minimum wage hikes. Throwing the bogus numbers off. California just went ape shit.
Evidence Shows Increasing the Minimum Wage Is No Threat to Employment
https://www.americanprogressaction.org/issues/labor/news/2014/02/18/84257/evidence-shows-increasing-the-minimum-wage-is-no-threat-to-employment/
Why does anyone who thinks Trump is treated unfairly by the media, think Democrats are treated fairly? They are not.
frog. You are a communist. Ever heard the phrase. One can not debate insanity. It is pointless.
I understand the Jeffrey Gundlach listens to Beethoven while giggling and throwing macaroons at pictures of Bill Gross. Strange dude.
He’s Hannibal Lecter