THE BASIS POINT

Bond king Jeff Gundlach predicts Fed hike March 22, says why recession could be in ‘a few months’

Jeff Gundlach shared a few key notes with CNBC today:

– He thinks the Fed will hike 25 basis points on March 22 instead of 50 just to save their credibility.

– But he doesn’t think they should hike.

Goldman predicts no March 22 hike, and three 25 basis point hikes after that.

– Gundlach predicted 25 basis points March 22, and then no hikes after that

– Also, above is a key note he shared about yield curve behavior that may signal recession.

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Reference:

Jeffrey Gundlach says Fed will hike funds rate next week to save credibility — but shouldn’t

 

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