As big name investors such as Bill Ackman and Jeff Gundlach clamor for the Federal Reserve to hike interest rates by 100 basis points or more, one top strategist thinks observers should really think through what they are calling for. “Be careful what you wish for,” 22V Research Founder Dennis DeBusschere on Yahoo Finance Live (video above). “You want to take it to an extreme. Let’s go 100 basis points, 200 basis points, or 400 basis points. Let’s crush the economy. I don’t think that would be… Source link
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