Jeffrey Gundlach, CEO of Doubleline Capital on his regular webcast
- says inflation rate accelerating, thanks to tax cuts and tariff battle
Pretty slow acceleration evidient in the numbers, but yeah the trend in it is higher … Fed hiking to go would be the implication. No one surprised.
More:
- Debt financed US budget deficits like Miracle-Gro plant food, benefits not permanent
Huh …. the weeds in my yard beg to differ, gobble up the food and thrive …. very permanent indeed
;-)
More:
- Real average hourly earnings are slightly negative
- Job creation under Trump down from last Obama years
- Global economic growth is slowing
- Pretty much all of the problem in EM is due to currency problems
- Global inflation has bottomed, prices now on the rise
- Few potential US homebuyers due to higher mortgage and less affordability
- declining homebuyer confidence is not yet a recession warning sign
