“Bond King” Jeffrey Gundlash mentions a single catalyst that can reduce the interest rate in the Federal Reserve this year this year
Jeffrey Gundlash, billionaire “Bond”, says that the United States will likely witness one crisis this year that will force the Federal Reserve to resume the price cutting course.
In a new interview for CNBC, the founder and CEO of Doublenine Capital says he believes that this year’s federal reserve reduction rates, but they will not be linked to the dual state of the Federal Reserve Mobilization to achieve maximum employment and 2 % annual inflation.
“I think they will lower prices, but I don’t think that will be because of the best inflation data that I don’t think it will improve much. I doubt that the unemployment rate will be a shock in the near term, as in the next few months.
But I think it will reduce prices because some liquidity problems may appear. So I think they will lower prices at the end of the year, and I still think it may be less than what is thinking about the market, but I am closer to the market now because I have stayed in two years, and the market has gone from five or six to two and a half years [cuts]”
According to Gandash, some institutions began to see liquidity problems. Gundlach is used Harvard Selling the last bonds to show that the US -based entities in the United States need money, but they say that other institutions are facing the same problem.
“The thing that I feel started to talk about, and I think it might be important in the problem of the next market is the issue of this lack of liquidity [has] It has been developed and gets some playing on newswires with Harvard University and some elite universities as you have no money.
They are rich in origins, but they are cash. Harvard has $ 53 billion, and they have now used the bond market twice for operation mainly. The reason is – and I only use Harvard University as a deputy element because this was in the news and was reported with statistics – they report 40 % of the endowment in private stocks.
I think another large alloy is in private credit, which was the booming assets category. We started to see stories about some of the fastest university endowments that say: “We may want to get out of some of our obligations …”
I think this will be a problem. “
https://www.youtube.com/watch?
Follow us xand Facebook and cable
Don’t miss a rhythm – Subscribe to deliver email alerts directly to your inbox
Check the price procedure
Browse the daily Hodl Mix
& nbsp
Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
Created Image: Midjourney
