Gundlach: Fed Will Be In “Panic Mode” When A Recession Hits

Gundlach: Fed Will Be In “Panic Mode” When A Recession Hits

Jul 24, 2019 | News

If the signs of a recession, like weakness in trucking volume and manufacturing PMIs, prove true, the Fed will be in panic mode, according to Jeffrey Gundlach. The economy will weaken, rates will go up and the Fed will have to “do something,” to protect against a...