Key Words: ‘Red alert recession signals.’ Gundlach expects the Fed to cut rates substantially ‘soon.’

Key Words: ‘Red alert recession signals.’ Gundlach expects the Fed to cut rates substantially ‘soon.’

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That was money manager Jeffrey Gundlach in a series of tweets early Friday, following the Federal Reserve’s ninth-straight interest rate hike since March 2022, though his cautionary tone sparked a rally for stocks as investors expect the central bank will have to start cutting rates, perhaps by…

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