Loading ...“That was a article by Gundlach but no matter the time that seems the direction they’re going with the damage they’re causing including to commodities. Once you get the ball rolling how are they going to stop it without winding up back where they started.”
Yes Goldie, and that was exactly Kathy Wood’s point as well this am. The US economy is a big ship and once it gets started in either direction, it’s tough to speed back up or slow back down. Gundlach’s point was that they might want to slow down the magnitude of hikes and see how much damage they’ve done.
I think they’ve done a lot and the slowdown is intensifying.