The WH Economist vs the Bond Guru
- Hard to see so 2% growth next year with tax passage
- Tax plan could make 3% US growth run sustainable
Meanwhile, Jeffrey Gundlach is on the wires (separate from the Bloomberg interview) saying:
- "We might see a recession a year from now"
So we have a market. One - the private bond guru Gundlach - is saying we may be in a recession at the end of 2018 (which by definition is 2 quarters of negative growth). While the other - a Trump economist - says 3% US growth could be sustainable.
What do you say?
