Ray Dalio isn't excited about bonds when China pays 3% a year. All Gundlach can say in response is to take a longer view and swallow pain meanwhile.
Summers points the finger at both Democrats and Republicans for creating "enormous" and irresponsible fiscal risks as the economy recovers.
Bloomberg solicited the views of top money managers on their make-or-break hedging strategies ahead of a return to a world where inflation matters.
“It’s going to be talked about as it becomes a reality. But the market’s focus right now is clearly on getting to the other side of this pandemic.”