SCHIFRIN: SO THE POPULAR WISDOM OF OH, THE RATES CAN’T GO ANY LOWER IS JUST MALARKEY?
GUNDLACH: Well, they’ve been lower in Japan. I don’t know if you want to make a direct correspondence between the U.S. and Japan. When I was thinking about we were at below interest rate, I went on CNBC and at the time, the 10-year Treasury was at 1.60
Link to interview here, video below
In his first-quarter letter to investors of Greenlight Capital, David Einhorn lashed out at regulators. He claimed that the market is "fractured and possibly in the process of breaking completely." Q1 2021 hedge fund letters, conferences and more Einhorn claimed that many market participants and policymakers have effectively succeeded in "defunding the regulators." He pointed Read More