DoubleLine’s Gundlach says his base case is one rate cut this year, two reductions maximum

DoubleLine’s Gundlach says his base case is one rate cut this year, two reductions maximum


Key Points
  • DoubleLine Capital CEO Jeffrey Gundlach said Wednesday he expects only one rate cut for 2025 — two reductions at most — as the Federal Reserve patiently awaits incoming data to assess the state of the labor market and inflation.
  • The central bank kept interest rates unchanged Wednesday after three consecutive cuts to end 2024.



Source

Morgan Stanley picks this stock to play China’s emerging tourism trend
Finance

Morgan Stanley picks this stock to play China’s emerging tourism trend

Source

Read More
Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most
Finance

Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most

It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a weekly loss at Thursday’s close. But a day later, Federal Reserve Chairman Jerome Powell came through, hinting at possible interest rate cuts ahead. His speech on Friday at the central bank’s economic symposium in Jackson […]

Read More
This under-the-radar ETF trend may be flashing a warning signal for the market
Finance

This under-the-radar ETF trend may be flashing a warning signal for the market

ETF Edge This under-the-radar ETF trend may be flashing a warning signal for the market Published Sat, Aug 23 202511:00 AM EDT Anna Gleason@anna_gle WATCH LIVE Source

Read More