DoubleLine’s Jeffrey Gundlach says Fed rate hike on hold
Breakfast with Benjamin: Renowned bond manager says lack of wage inflation will keep the Federal Reserve from lifting interest rates this year. But when it does, avoid junk bonds.
- Weak-ish economic reports of late have most prognosticators thinking September at the earliest for a rate hike from the Federal Reserve. DoubleLine’s Jeff Gundlach, however, has another idea.
- If you bet on U.S. stocks over the last year, you probably did better than most billionaires. The Richest Did Get Richer, Just Not as Rich as U.S. Equities
- Most people — three-quarters of them — in the U.S. expect Social Security to contribute a big chunk to their retirement income. They’d better think again because this trend is not their friend. 3 out of 4 retirees receiving reduced Social Security benefits
- What were you doing last Saturday night? You wouldn’t believe what this Merrill Lynch adviser was doing.
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