Gundlach: “Central Banks Are Losing Control” – His Latest Presentation

Wednesday, June 15, 2016
By Paul Martin

by Tyler Durden
Jun 15, 2016

“Central banks are losing control and they don’t know what to do … just like the Republican establishment and Donald Trump…. The Fed is confused and their confusion spills into investor psychology,” said Gundlach, who oversees more than $100 billion at Los Angeles-based DoubleLine. “The Fed changes its tone so frequently, it seems every other week the message is different. They’ve turned into the ‘Zombie Fed.’ They say the meeting this week is ‘live,’ but investors all know it isn’t at all.”

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