From now on we Elev8
We're more than just a broker. We're an all-in-one trading ecosystem—everything you need to analyse, trade, and grow is in one place. Ready to elevate your trading?
Trading news
9 May 2018
Gundlach: CPI over 2.25% will change the story
Jeffrey Gundlach, the founder of DoubleLine Capital LP, spoke during a webinar today and outlined his thoughts on the US CPI figures due Thursday.
Key highlights
Core CPI above 2.25% will change the entire inflation narrative.
Peak economic momentum may now be behind us.
Gundlach is bearish on the US Dollar overall, but bullish in the short-term.
Chance of a recession in 2019, but minimal.
Believes there will be a bullish break in gold, but not quite yet.