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‘Bond King’ Jeff Gundlach Says Fed Rate Is ‘Too High’ By 75 Bps, But Warns Cuts Unlikely Without Sharper Risk Asset Losses – Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL)

Amid a historic market selloff that has erased approximately $6 trillion in U.S. market value, renowned fixed income investor Jeff Gundlach suggests the Federal Reserve’s current policy stance is too restrictive. However, he doesn’t anticipate… ‘Bond King’ Jeff Gundlach Says Fed Rate Is ‘Too High’ By 75 Bps, But Warns Cuts Unlikely Without Sharper Risk Asset Losses – Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL)