Doubleline Capital's Jeffrey Gundlach Says Hard Pressed To Find An Indicator That's Really Strong; This Fed Meeting Was Easy To Predict; "I Think They Are Making The Reverse Mistake They Made A Year And A Half Ago"
Portfolio Pulse from Benzinga Newsdesk
Doubleline Capital's Jeffrey Gundlach believes the Fed's recent meeting was easy to predict and that they are making the reverse mistake they made a year and a half ago. He also finds it hard to identify a strong economic indicator.
June 14, 2023 | 7:41 pm
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Jeffrey Gundlach's comments on the Fed's recent meeting and lack of strong economic indicators may impact the overall market sentiment, potentially affecting the SPY ETF.
Jeffrey Gundlach's comments on the Fed's recent meeting and the lack of strong economic indicators may lead to increased uncertainty in the market. This could result in a negative short-term impact on the SPY ETF, which tracks the overall market performance.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50