Gundlach: Does not see a 50 BP hike in March

• Does not see the fed going 50 BPs
• Fed follows the market
• The 2 year would have to go 25 basis points to get the Fed to tighten by 50 BP
• See 5 hikes in 2022
• Sees terminal fed funds rate at 1.50%- 1.75%
• The Fed will continue to tighten until something breaks.
• I think Fed will go into quantitative tightening
• We're seeing some recession indicators
• Fed should have stopped QE a year ago

Nasdaq NASDAQ The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass Read this Term is around -92 points and S&P is down -15 points as he speaks.

• I expect inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term to come down but the decline to be disappointing
• 7.5% CPI sounds worse than 7% to me
• Risk assets have to reprice as a result of higher rates
• Credit spreads are starting to widen and will hurt stocks
• Low consumer sentiment is about time
• Near term in equities expect stability