Jeff Gundlach that Germany will bail out Deutsche Bank and that monetary and fiscal policy is about to pivot
- Says rates have bottomed
Cites:
- inflation is picking up
- the dollar did not strengthen after the Federal Reserve raised rates the last time
- And ... "In the investment world when you hear 'never'," ( as in rates are 'never going up'), "it's probably about to happen"
And:
- Now is the time to pivot to fiscal stimulus
