Doubleline Capital's Jeffrey Gundlach Calls Fed's Decision A "Hawkish Pause"; Don't Understand Fed's Talk About Strong Economy; Don't Think Fed Will Continue To Hike; U.S. Economy Is Not Really That Strong; Real Economic Indicators Look Really Bad
Portfolio Pulse from Benzinga Newsdesk
Doubleline Capital's Jeffrey Gundlach believes the Fed's decision is a 'hawkish pause' and questions the Fed's talk about a strong economy. He doesn't think the Fed will continue to hike and says the US economy is not really that strong, with real economic indicators looking bad.
June 14, 2023 | 7:40 pm
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Jeffrey Gundlach's comments on the Fed's decision and the US economy may impact investor sentiment and the broader market, potentially affecting the SPY ETF.
Jeffrey Gundlach's comments on the Fed's decision and the US economy may lead to increased uncertainty and skepticism among investors. This could result in a negative impact on the broader market, including the SPY ETF, as investors may become more cautious and risk-averse.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50