Doubleline Gundlach: His base case is still two Fed rate cuts this year

358M US Dollar
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NMFQS
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USD
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US Dollar
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USA
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US
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DoubleLine
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2.02%
7.18%
0.00%
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0.00%
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0.20%
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0.00%
0.00%
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97.98%
0.00%
97.98%
101.38%
100.00%
Totaal
100.00%
0.00%
100.00%
110.84%
100.00%
Doubleline Gundlach: His base case is still two Fed rate cuts this year
“There’s an awareness now that the long-term Treasury bond is not a legitimate flight-to-quality asset,” DoubleLine Capital’s Jeffrey Gundlach said Wednesday in an interview at the Bloomberg Global Credit Forum in Los Angeles. A “reckoning is coming.” https://t.co/EDKXDKK8kh https://t.co/mYX2PKLBlF
Doubleline's CEO Gundlach: Economy is clearly weak