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Jeffrey Gundlach on Why Both A Recession And Trade Deal Are Unlikely
The following is the unofficial transcript of excerpts from a CNBC EXCLUSIVE interview with Jeffrey Gundlach and CNBC’s Scott Wapner on CNBC’s “Fast Money Halftime Report” (M-F 12PM – 1PM) today, Wednesday, December 11th, live from DoubleLine Capital headquarters in Los Angeles, CA. Jeffrey Gundlach on Fed Rates: Which means that the Fed is now comfortably on hold. But what Jay Powell has done is he raised rates four times in 2018, and then cut rates three times in 2019. What—basically, we’ve gone nowhere. We just put ourselves on a wild ride, which I believe was unnecessary. Jeffrey Gundlach on ... (full story)