Billionaire investor reveals his take on Powell's role on record inflation

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DoubleLine Capital CEO Jeffrey Gundlach breaks down Fed Chair Powell's moves on 'Making Money with Charles Payne.'

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

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Great segment with Jeffery Gundlach! 👍

nellosnook
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Interest rates should be controlled by the market, not a group of people that have a vested interest in controlling the market and picking winners and losers. END THE FED!!!!

lizardking
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CC interest in very high. I have some of the lowest one can get and its still over 10%

mrazyone
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In June of 2021 the USTreasury reversed course on a promise for sold securities in the form of EE bonds in which those who had purchased these bonds were promied a 18 year maturity of said bonds changed that promise to a course of 20 years maturity. This is a fact of events without consideration of the People who had invested in the Government with promise in time to recoup interest upon their investment. Then the Government renigged on that promise. WHY?

Neal_only
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Billionaires don't understand inflation struggles.

acornsucks
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These super rich people parroting govt statistics( which are ALWAYS revised down) and stock market gains, are totally detached from the lives and finances of the average American family. He talked for 10 minutes and said nothing. I’m so sick of all of them….

sourwes
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I live in a small town in Illinois just paid my property taxes yesterday they went up $50.00 was not expecting that I'm on a fixed income so no i have to figure out where to cut back

pamelahall
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Hi there this Saadakh i need to know what happen if I lisan when I i understan everything then we can get deal if i like it idont sing anything this time

SaadakhAli-ke
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Let’s Go Brandon. It’s as simple as that and the first Trump stimulus package too

deantait
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I invest alongside him in two of his bond funds. He is on top of the economic data and his firm Doubleline is a top notch investment firm. He plays chess while others play checkers. And yes, the FED is going to overshoot to get to their preferred interest rate of 2% and break the economy. The recession is that light at the end of the tunnel and it ain't the opening at the end of the tunnel, it's the train coming right at you.

randy
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This dude said the fed "should have a water" like 150 bps ago lol. He's a terrible rates trader.

austing
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The bond market could be a bear market for 4 decades? That's means interest rates would have to stay high for 40 years. That's a ridiculous observation lol.

earlreid
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Why does a super smart millionaire lawyer who's rang all the bells want to subject himself to wide public criticism. He wants to pretend he knows more than he does.

steved
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Romeo santo lune babaro libing buque avion de lider

alannamichellepaulino
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Well, Any Increase Of Rate Will And Put U.S. Economy Back To Recession Within 60 Days. Inflation Can And Will Take Care Itself Faster If Rate Cut Starts Sooner. Sincerely ❤❤❤ KNT

knt
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The billionaires should pay their fair share and pay their taxes...

darkdan