Gundlach’s Forecast For 2019

Ted

FYI: Jeffrey Gundlach said that 2019 will mark the start of a period when bond markets must recon with the rising federal deficit. In his most passionate comments ever on this topic, he said the exploding national debt and liabilities involving pension funds, state and local government governments and Social Security have reached a stage that is “totally unthinkable.”
Regards,
Ted
https://www.advisorperspectives.com/articles/2019/01/08/gundlachs-forecast-for-2019

davidrmoran

I have an awful lot of our retirement moneys handled by a guy who does not read the smartest economic thinking:

https://www.nytimes.com/2019/01/09/opinion/melting-snowballs-and-the-winter-of-debt.html

https://www.aeaweb.org/aea/2019conference/program/pdf/14020_paper_etZgfbDr.pdf