Gundlach: Fed Manipulating Markets Is Nothing New
"It's almost a law of physics. If you take the capitalization of the S&P 500 and you divide it by the Fed's balance sheet, it looks like a constant."
Recent
‘She’s Into Sound-Bite Governance’: Wall Street Giant Flames Elizabeth Warren, Calls Bernie Sanders ‘A Communist’
“You have a running commentary with senator Elizabeth Warren who lately says you are afraid of her,” Larry Kudlow reminded the billionaire.
Global Rebound Euphoria Tests Central Bankers’ Nerves on Risk
What began as a murmur of concern has morphed into a chorus as officials ask if a risk-taking binge across multiple markets foreshadows a crash.
Market’s Million Little Dramas Come Down To Too Many Stocks And Too Much Cash
While the broader market has held up so far, there’s an ever-present threat of a seemingly endless equity supply overwhelming precious demand.
Cathie Wood Is Trimming Her Biggest Stakes as Ark Funds Stumble
While the number of companies in which Ark holds more than a 10% stake is the same as it was months ago, other metrics show concentration declining.
The Fed Needs To Get Real About Inflation
Federal Reserve chairman Jerome Powell loves to use the word "transitory" to describe the threat of inflation. Powell may need a new catchphrase.
Gundlach Versus Musk: Bitcoin Is Funny Money
According to the DoubleLine founder and sometime bond king, crypto has become a demonstration of speculative fever and Fed excess, literally "crazy."
