Seeing 90% Chance of a 2020 Fed Cut

DoubleLine CEO Jeffrey Gundlach said on Twitter Friday he now sees a 90% chance for a Fed rate cut this year.

“It took less than 2 days for the bond market to nullify the Fed’s “we’re firmly on hold” message this week,” Mr. Gundlach wrote.

It took less than 2 days for the bond market to nullify the Fed’s “we’re firmly on hold” message this week. Now a 90% chance of a 2020 cut.— Jeffrey Gundlach (@TruthGundlach) January 31, 2020

Have a terrific weekend

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