Billionaire bond investor Jeffrey Gundlach, the founder and CEO of $135 billion DoubleLine Capital, sees reasons to be concerned about inflation.
“It feels to me like the market started worrying about [inflation] a little bit this week,” Gundlach said, later adding it “was the biggest miss on CPI in many years, and maybe even in my whole career.”
On Wednesday, the Bureau of Labor Statistics reported that the Consumer Price Index (CPI) jumped 0.8% in April, well ahead of economists’…
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