Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Gundlach

[DZtrader]

There are several people I pay particular attention to, Jeffrey Gundlach is one of them. Was just listening to an interview he provides after each Fed meeting and seems he is reflecting same views I share (or better put, maybe I'm reflecting same views he is putting out). That being near overwhelming debt levels. He appeared outright bearish the long term bonds. At  the current 1.3 T (yes that's trillion) annual service costs he points out significant bonds rolling from much lower levels than current which will only serve to exasperate situation, this combined with yet more unbridled spending along with unfunded tax cuts. How do mid to long term rates not go higher? I put this out on a Reit forum as it is a sector highly impacted by rates of course. No, I'm not a doom and gloomer, just someone who tries to look at the long term outlook and how to position. Doesn't mean next week or next month is trouble but something to definitely be long term aware of.

[garyreins]

I think the high debt levels by governments means the opposite ... that yields will go LOWER. Fed and government can control rates on all ends of the curve.  Like there 3 QE programs.  Sovereign debt crisis will not happen.  They'll make bonds popular if a reckoning comes

[DZtrader]

Ok so now I know it's crack not quaaludes you're on..................so as debt continues to get out of control does it ever occur to you that entities just might want to be paid a bit better for their increased risk? If it weren't for being the reserve currency the U.S. would be worse off than Greece was years ago. The absolute worst and most dangerous thought is it can't happen

[Torontojay]

This is why I preferred t-bills over long term t-notes.  2 things will impact inflation:  1) the growth in money supply after they've reached a neutral rate and QT expires.  2) the velocity of money  If the government continues to crowd out the private sector, they will increase the velocity of money because debt is outpacing gdp growth. If deficits grow under

[EstevanOutsider]

i watched it as well, great listen. but he did cite specifically 20-30 year USTs and said bond-stock valuatin gap is extreme, he's interested in bonds. he leaves the door open to changing his views on USTs pending more news on how trump's tax cuts come into effect given ample supply of USTs which is his main concern. trump has cited he wants lower rates and lower USD and he normally gets