Billionaire 'Bond King' Jeffrey Gundlach Predicts the Fed Will Cut Rates Substantially Soon
Billionaire Jeffrey Gundlach, aka the “Bond King,” has predicted that the Federal Reserve will be cutting interest rates substantially soon. “Red alert recession signals,” he added, noting that all U.S. Treasury yields two years and out are “well below the fed funds rate.”Jeffrey Gundlach, chief executive and chief investment officer of investment management firm Doubleline, expects to Federal Reserve to cut interest rates substantially soon.
But now it's not done cutting interest rates
An amazing prayer.
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