Jeff Gundlach: “We Are Drowning In Central Banking”
Submitted by Tyler Durden on 05/19/2013 13:15 -0400
Bill Gross Bond China Gundlach Jeff Gundlach Market Share None Quantitative Easing Trade Wars
Last week, Bill Gross did not mince his words when he said that he now “sees bubbles everywhere” and that “when that stops there will be repercussions” but for now Benny and the Inkjets, not to mention his band of merry statist men, who take from the poor and give to the wealthy, are playing the music on Max, and so one must dance and dance and dance. And after one legacy bond king, it was the turn of that other, ascendant one – Jeff Gundlach – to share his perspectives Bernanke’s amazing bubble machine. His response, to nobody’s surprise: “there is a bubble in central banking. We are drowning in central banking and quantitative easing…. And it’s not ending until there are some negative consequences.”
via Jeff Gundlach: “We Are Drowning In Central Banking” | Zero Hedge.