Just for the record: CORE INFLATION released only 2 days ago showed a sloppy 4%. And the FED chief clown talks with his colleagues about "rate cuts". 100% election motivated. The old man in the White House needs a helping hand. And will lose the elections anyway.
You must have lost tons of money trading against the yield trend. The fed has been providing tons of trading opportunities. So seize it rather than treat it as a clown.
I keep hearing that iffff the 10 yr gets to or below 3.5% it could be detrimental for the markets and stocks. Now a days the 10 yr trades like its a dot com stock so its anyone guess where it's headed at the moment. But to be clear its quite insane the way the 10 yr is trading and how stocks and other asset classes are behaving. These are NOT normal markets!!!
All of the sudden we have 3% predictions on the 10 yr, just some weeks ago we had predictions for as high as high as 13%%% in the years to come now everyone back saying 10 yr yields to fall https://www.cnbc.com/2023/12/13/dou...ry-yield-will-fall-to-3percent-next-year.html
And here is your 13% prediction from Rick And this was around the time stocks were selling off and no one wanted to buy the SPY at 415 but absolutely love it at 60 bucks higher at 475!! Can't get enough of it buying every single 3 cent dip..... fools!! https://youtube.com/shorts/aFkavNOWZus?si=A5MvV0-_UAHhV8e3
The trend of (CPI) is the trend - do you think it is better for The Fed to wait till its back down to 2%? Oh BTW the other old, fat man lost to him in 2020 (and midterms in 2018 and 2022) or are you living in an altered state like him too? Not a good combination politics and trading - especially for the latter.
Another one mixing politics and trading. Well he doesn't trade anymore so he's not mixing. Found he could make more with his mouth than his trading skills. He prolly made the right trade doing that. There are always enough sheeple to listen to him. Shocked he didn't make the move with Maria over to the other Business Politics channel
Gundlach is a pretty smart guy. His 3% rate call seems alarming but it could happen. Of course he also believes markets are overpriced. As for politics I remember in Jan or Feb of 2016 he predicted that Trump would win the election based on the endless crowds of people coming to see Trump speak.
Gundlach also puts out such great content on Doubleline and his interviews and practically no one watches them. I knew I was messing things up with T-bill and chill from what he said a few months ago but couldn't see how it was going to play out. From yesterday What really sucks is I had wanted to get a sized up long position in the 2 year but I didn't quite get the pull back I wanted once I figured that out. The massive large trader ZT shorts can't be having fun right now. If Gundlach says this is the Fed reacting to the momentum of disinflation, who am I to disagree.