reuters.com
(
Original
)
MAR 8, 2017
ORIGINAL SOURCE: Fed to make sequential hikes until 'something breaks': Gundlach by Jennifer Ablan of reuters.com on 3/8/2017
Billionaire Bond King Jeff Gundlach chief executive officer at DoubleLine Capital who over sees $100 billion in assets, sold his bank & financial shares and is staying with Gold and Treasury inflation-protected securities as he sees inflationary pressures are increasing.
Gundlach said the fed will hike interest rates until "something breaks," such as a U.S. recession.
Please read the rest here; "Fed to make sequential hikes until 'something breaks': Gundlach"