"They’ve turned into the 'Zombie Fed.'

Jeffrey Gundlach, the chief executive of DoubleLine Capital, and known on Wall Street as the 'Bond King' ... probably rightly so.

He had remarks reported across the wires earlier.

Maybe its just me but he seems to have his remarks reported nearly every day, so I have backed off a bit from posting them straight away.

But Reuters have a recap up on his comments now:

• "Central banks are losing control and they don't know what to do"
• "The Fed is confused and their confusion spills into investor psychology"
• "The Fed changes its tone so frequently, it seems every other week the message is different. They've turned into the 'Zombie Fed.' They say the meeting this week is 'live,' but investors all know it isn't at all."

Plenty more at Reuters link, here. He even has some harsh words for Trump and the Republicans.

He may well be the Bond King, but I gotta tell ya, Karaoke Night at Doubline really sucks