After a conversation that led to nowhere on Thursday, the White House appears to be the first to waiver.
Mulvaney is starting the enterprise, Exegis Capital, with investor Andrew Wessel, a former portfolio manager at Sterling Capital Management.
Donald Trump will be re-elected as US president in November, reckons Jeffrey Gundlach, America’s best-known bond investor.
The president’s campaign has routinely dismissed polls showing Trump is behind, pointing to 2016, when most election analysts didn’t give him a chance