Jeffrey Gundlach says Fed this week was 'not reassuring' and S&P 500 still in bear market

div > div.group > p:first-child"> Wapner: Were you surprised by Fed's dovish double-down on Wednesday?

Gundlach: I think you have to be. I predicted they would go from two hikes this year to 0.5, and everyone told me there was no way they would downgrade it that far. But they went even further!Fed has gone from"we got this" to"we'll get back to you". Not reassuring.Gundlach – Yes to bear market. In 2007 the Fed went from"biased to tighten" to an"emergency ease" in just a few weeks.

He must have some serious shorts on for wanting this to be a bear market. I do hope we get a pull back though.

I'm loving this bear market over the last 3 months. I know people on the sidelines hoping things turn to crap. Is that an investment strategy?

NO WAY!

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Retail stocks do well after March S&P 500 rebalancingOver the past decade, the best-performing S&P industry group in the month after a March S&P quarterly rebalance has been Retail. LOL Manipulated Happy to see that your crypto community is getting mature and growing fast. To stay tuned we highly recomment to check our partners instacryptonews , They have great service.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »