Will Warsh Be the Next Volcker? | Jeffrey Gundlach
Jeffrey Gundlach on CNBC after Fed Day: the Fed has followed the 2-year Treasury for 20 years, but Chair Kevin Warsh may break that pattern. Gundlach uses a JPMorgan chart of 55 years of Fed moves to compare today's setup to Burns caving to Nixon and Volcker raising rates against the data — and asks which path Warsh will take.
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