We’re getting a lot of this today.
Jeffrey Gundlach, ceo of doubleline capital, says yield curve inversion on short end signaling that 'economy is poised to weaken' @Reuters
— Jennifer Ablan (@jennablan) December 4, 2018
What’s the drama?
Yield curve inversion. I discussed it earlier.
How do we fight this?
You cannot.
What about the Trump-China trade deal?
How about I answer your question with another series of questions?
Is Trump a lifetime President like Xi? Does America have $3.7 trillion in cash reserves like China? Is Trump’s trade war supported by fellow republicans and democrats? If someone else were President, do you think he/she would end the trade war? Will Trump get reelected? Will Trump get reelected if the economy and market is in shambles?
There’s your answer.
….I am a Tariff Man. When people or countries come in to raid the great wealth of our Nation, I want them to pay for the privilege of doing so. It will always be the best way to max out our economic power. We are right now taking in $billions in Tariffs. MAKE AMERICA RICH AGAIN
— Donald J. Trump (@realDonaldTrump) December 4, 2018
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You need a “Tweet Hedge Fund”, front running President Space Case’s tweets. He triggers so much volatility that is predictable enough to profit from.
Likely better for Trump to have a sub-par 2019 and have 2020 to start rolling again.
This Bull is dead.
Be nice if the economy let Fed take funds rate to 3.0 in 2019 and then Fed hits the pedal in early 2020.
He shouldn’t count on our recovering from the next bear so quickly.
He’s a tariff man. Such an idiot.
Yep, Trump usually does not make dumb economic tweets, but that was a big one.
Got to agree that was stupid and an about face from the GD dinner.
Forced selling begets more forced selling. Risk parity and etf moral Hazzard coming.
I’m not sure why anyone listens to Gundlach. I’ve seen him be wrong so many times. He was touting housing stocks early this year. The “weakening economy” is not news.
People will dump the dollar bigly when the end of empire trade is on. Isn’t happening yet.