‘Bond King’ Jeffrey Gundlach Warns Democrats Can’t Simply Spend Their Way to Affordability, Says They’ll Need a ‘Magic Wand’ To Bring Prices Down
“Bond King” Gundlach warns Democratic cash handouts to tackle affordability could worsen inflation as prices and energy costs remain elevated.
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Why It Matters
A famous bond expert says giving people money might not fix high prices. He thinks the real problem is that things cost too much to make.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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