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Gundlach Sees 60% Recession Risk Now
If you weigh the yield curve differently, you get a 63% chance of a recession. The latter is in line with Gundlach's sense of the economic odds ahead.
Kudlow Says President Doesn't Make Things Up, Gets Slammed On The Dollar
However, Kudlow then promptly had to reverse himself as President Donald Trump said he had not ruled out measures to counter the dollar’s strength.
GDP Report Gives the Fed Two Problems
A relaxed Fed is welcome. But now that markets are positioned for multiple rate cuts, a signal that Powell is moving toward neutral is not welcome.
The Heirs: New Report on Finding AUM From this Unlikely Source
Change is coming. Now is the time to start cultivating relationships with the children of your clients.