Gundlach: "Consumer sentiment is at recessionary levels" pic.twitter.com/rgt66OENyP
— zerohedge (@zerohedge) January 11, 2022
Gundlach: What is driving this falloff in consumer sentiment?
Car prices up so much, people don't think this is a good time to buy a car if they can find one.#JustMarkets2022 #autos #housing #prices #consumption #inflation pic.twitter.com/s82k0OUPwq
— DoubleLine Capital (@DLineCap) January 11, 2022
The Fed Funds futures market is now pricing in 3.7 hikes by the Fed in 2022: 3 hikes for sure by September, and 70% chance of a fourth hike in December.
If it gets much more aggressive than this, we are at serious risk of yield curve inversion in 5s30s for instance. pic.twitter.com/rSWANfTFxj
— Alf (@MacroAlf) January 11, 2022
Fed Chair Powell Says Rate Hikes, Tighter Policy Will Be Needed To Control Inflation
Federal Reserve Chairman Jerome Powell declared Tuesday that the economy is both healthy enough and in need of tighter monetary policy.
David Rosenberg warns of a massive market bubble that could pop this year
- David Rosenberg warned of sprawling asset bubbles and predicted a painful correction.
- The Rosenberg Research boss suggested tighter monetary and fiscal policies could fuel deflation.
- Rosenberg said US households have overinvested in stocks, and suggested buying Treasury bonds.