Reuters conveying comments from Doubleline Capital's Jeffrey Gundlach (smart cookie billionaire fund manager ICYMI)
- says since 'Powell put' on Friday, US stock 'market has been throwing a party'
(thanks v much, but we'd noticed)
More:
- Says 'eerie correlation' between Federal Reserve's balance sheet and US stock market
- Powell pivoted from pragmatism to 'Powell put'
- Market is pricing in that leading economic indicators have dropped, but not the possibility of a recession
- sentiment surveys are worth following for sense of where market will go from here
