Fed to Make Sequential Rate Hikes Until ‘Something Breaks’: Gundlach

Ed. Note: This article first appeared in Reuters Jeffrey Gundlach, chief executive officer at DoubleLine Capital, said on Tuesday he expects the Federal Reserve to begin a campaign this month of “old school” sequential interest rate hikes until “something breaks,” such as a U.S. recession. Gundlach, who oversees more than $101 billion at Los Angeles-based

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