Jeffrey Gundlach says it's a ‘going nowhere’ market, warns of private credit strains

Jeffrey Gundlach says it’s a ‘going nowhere’ market, warns of private credit strains

DoubleLine Capital CEO Jeffrey Gundlach said markets are stuck in a holding pattern with few assets delivering meaningful returns, as he warned that stresses emerging in private credit could deepen if investors rush for liquidity. “It’s kind of a going nowhere market right now, sort of trendless. Almost nothing is up. Nothing is really down…

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Fed's Goolsbee says he's worried about inflation in 'fraught but intense' climate

Fed’s Goolsbee says he’s worried about inflation in ‘fraught but intense’ climate

Chicago Federal Reserve President Austan Goolsbee said Monday that he’s more worried about inflation now than he is unemployment, even with apparent progress made on the war with Iran. In a CNBC interview, the central banker said policymaking is difficult in the current environment. He spoke shortly after President Donald Trump announced that progress had…

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