Gundlach on corporate cash crunch, COVID-19, Fed and next moves

Discussions that last more than 5 minutes are rare on mainstream financial media.  Gundlach offers several lucid observations in this unusually long 27-minute clip.

CNBC’s “Halftime Report” team is joined by Jeffrey Gundlach, CEO and co-founder of Doubleline, to discuss the Federal Reserve’s emergency rate cut and the bond market’s reaction.  Here is a direct video link.

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Lacy Hunt on “flailing” Fed and deteriorating financial conditions

Dr. Hunt of Hoisington Management is one of the rare seasoned analysts who’re both independent (not paid to sell corporate securities to the public) and disciplined in his macro measurements. This video discussion (taped on February 7) offers many useful insights and context for our present conditions and likely next developments.

Since the Federal Reserve began repurchase operations late last summer, many members of the media, market participants, and spectators alike have been up in arms over this recent round of Fed balance sheet expansion – calling it another round of QE. Lacy Hunt, the chief economist at Hoisington Investment Management Co., tells Danielle DiMartino Booth of Quill Intelligence why the latest version of the Fed’s monetary policy is not more quantitative easing.

Hunt argues that, in fact, the Fed’s repo operations are an effort to keep the banking system alive. Here is a direct video link.

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TVO: The housing gap. Push

Housing prices are skyrocketing in cities around the world. Incomes are not. Push sheds light on a new kind of faceless landlord, increasingly unliveable cities, and an escalating housing crisis. The film follows Leilani Farha, the UN Special Rapporteur on Adequate Housing, as she’s travelling the globe, trying to understand who’s being pushed out of the city and why. Here is a direct video link.

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