"We Could Be Looking At A Really Ugly First Quarter" - Jeff Gundlach At His Most Bearish Yet
Back on December 8, in a post laying out what we then thought was "Jeff Gundlach's Most Bearish presentation yet" titled, appropriately enough, "Tick, Tick, Tick", the DoubleLine founder was at a loss for words trying to explain just why Yellen is hell bent to hike rates in one week, just when the global economy is not only clearly not in the required shape, but warning that the outcome from a Fed rate hike will lead to a dramatic repricing (lower) across all asset classes.