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DoubleLine’s Gundlach Sees 90% Chance of a 2020 Fed Cut

© Reuters. DoubleLine’s Gundlach Sees 90% Chance of a 2020 Fed Cut© Reuters. DoubleLine’s Gundlach Sees 90% Chance of a 2020 Fed Cut

(Bloomberg) — DoubleLine CEO Jeffrey Gundlach said on Twitter Friday he now sees a 90% chance for a Federal Reserve rate cut this year.

“It took less than 2 days for the bond market to nullify the Fed’s “we’re firmly on hold” message this week,” Gundlach wrote.

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Source: Economy - investing.com

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