Fed runs repo - first since great recession

[whatsyourgovt]

3rd day in a row. Nothing to see here, huh?

[rawraw]

@whatsyourgovt

3rd day in a row. Nothing to see here, huh?

It is interesting. . .

[igor555]

where is all the cash??

[Malee]

@Black_Swan

@CEO10K-DAY

@Nerdyblop

• interest rate. Gundlach said the central bank will see the “repo” move as a “warning sign” and will resume expansion of its balance sheet.
• “The freeze-up can only be viewed as a negative,” Gundlach said. “They are baby-stepping their way to doing QE.”
• The Federal Open Market Committee will announce their decision on interest rates on Wednesday. Gundlach said he expects the Fed to cut rates by a quarter point.
• “It’s not a great idea to bet on low interest rates,” Gundlach said in an investor webcast on Tuesday.
• When asked if he would buy 10-year Treasury now, Gundlach said “absolutely not.”
• DoubleLine CEO Jeffrey Gundlach believes the bottom for interest rates is in for 2019.

This guy does nothing but contradict himself.

no way, gundlach is awesome

I like gundlach too, but he does this weird thing where every time he gets something wrong he says he was misquoted. Bit like the Donald.

[GorillaNerd]

Behind every great man is a trove of porno locked in a desk