Wapner: Were you surprised by Fed’s dovish double-down on Wednesday?
Gundlach: I think you have to be. I predicted they could go by two hikes of which year to 0.5, in addition to everyone told me there was no way they could downgrade of which of which far. however they went even further!
in addition to what the heck is actually of which “1 hike in 2020” thing about? of which seems almost desperate.
Fed has gone by “we got of which” to “we’ll get back to you”. Not reassuring.
Wapner: Do you still think we’re in a bear market or has the Fed’s pivot (in addition to double-down) changed the game?
Gundlach – Yes to bear market. In 2007 the Fed went by “biased to tighten” to an “emergency ease” in just a few weeks. The S&P celebrated having a push to essentially a double top over the ensuing several weeks.
of which pivot by December’s hawkishness seems metaphorical to of which period.
Fed says oil down is actually part of their motivation. Oil is actually up substantially by the December meeting.
Why won’t they give a reason with of which of which is actually at least factually correct?
Say Trump demanded of which. Say you are worried about Europe, or China, or the yield curve, or retail sales, or GDP currently.
however stop with the gaslighting.