Gundlach gets it.

Gotta defend that underwater bond short position

got a min for a new song?

We are going to go through the crash we should have during COVID. Just kicked the can. Times up.

Exactly and if this happens we’re gonna have the biggest melt down we’ve ever seen.

When was the last time Gundlach was right about anything? People in the know marvel at how overrated he is. He shut down his Multi-Asset Trend Fund (DBMOX) in Feb after turning $10K at inception into $9300. Even worse, he allegedly runs an internal hedge-fund-style unconstrained account that's down like -80%+ over the last 10 years

Instability of policy decisions doesn’t help our ability to fund future spending with debt. Hopefully this administration is able to find an off ramp soon.

@hendry_hugh

Assets down, cap gains tax revenue down, deficit up...yields up.

Why do you think the Fed will be watching from the sidelines and won't step in with YCC?

If they do, you still wouldn’t want bonds. Everyone sells bonds to the Fed and buys an actual store of value then..

Do you really think rates are going to go up in a recession? That would drive us further into a recession… I get the theory, but I don’t care what tariffs cause for inflation nobody in a full out recession is going to buy anything job loses means wage deflation and less profits… I don’t see it…Tariffs are a one time increase…