Fund manager Jeffrey Gundlach has been known to question conventional establishment economic wisdom, and today was no exception.
When considering quantitative easing, and the disparity between rich and poor – a controversial mix of topics – Gundlach wondered what ramifications would QE have on the economic cycle and the concerns for a lack of inflation. “One way to get inflation and level out wealth, is to give everyone a check for a billion dollars!” he said, only half joking as his audience laughed at the prospect. “But we did this in the past,” he said at a recent luncheon speech covered by Marketwatch.com.
Bonhoeffer Fund's performance update for the month ended July 31, 2022. Q2 2022 hedge fund letters, conferences and more The Bonhoeffer Fund returned 3.5% net of fees in July, for a year-to-date return of -15.8%. Bonhoeffer Fund, LP, is a value-oriented private investment partnership for . . . SORRY! This content is exclusively for Read More