DoubleLine’s Gundlach Warns “These Markets Are Falling Apart”
by Tyler Durden
ZeroHedge.com
11/16/2015
The odds of a December rate hike have slipped in recent days from over 70% intraday to 64.0% today as, while economists remain convinced that rates will rise in December, traders appear a little less confident. One of the most outspoken – having doubted The Fed (and questioned the economy’s ability to handle even a 25bps rate hike) since Spring – DoubleLine Capital co-founder Jeffrey Gundlach said on Sunday that the Fed may hesitate to raise rates given rocky economic and financial conditions making it clear, as Reuters reports, “certainly [a Fed] No-Go is more likely than most people think. These markets are falling apart.”
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