Gundlach on Macro

Interesting talking points from Fundstrat’s Tom Lee Thinker Are Tariffs Inherently Inflationary? Rationale Hayek Yes (systemically) Tariffs distort price signals and cause misallocation—even without broad CPI inflation Keynes Maybe (contextual) Depends on demand, employment levels, and slack capacity Friedman No (not without money growth) Only money supply growth causes sustained inflation Tom Lee No (corporate […]

“Bullish Signs Continue. Here’s a summary of the highlights:Market Overview: Both the S&P 500 and NASDAQ reached 52-week highs. The S&P 500 rose approximately 3% and NASDAQ around 4% during the week. Earnings Reports: Strong performance in earnings reports contributed to market growth. Major reports came from companies like Carnival and Nike. Nvidia reported significant […]