DoubleLine Funds CEO Jeffrey Gundlach says it’s “a strange environment [for] a tax cut.”
Discussing the Republican tax effort during a webinar with investors on Tuesday, he admitted that it also is “tough to opine about a tax plan that has not been finalized.”
However, the timing of the cuts and other moves are odd given the current state of the economy, Gundlach explained, versus that of around 30 years ago “when the economy needed a boost.”
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Janet Levaux
Editor-in-Chief Janet Levaux has covered the financial markets since 1991, with a focus on financial advisors since 2005. After graduating from Yale and the Johns Hopkins School of Advanced International Studies (SAIS), where she studied global economics, Janet worked as a freelance financial and business writer in Japan, and then as a reporter and editor for Investor's Business Daily and the Bay Area News Group in California. She earned an MBA in 2007 and since then has helped lead key ThinkAdvisor projects like its Neal-Award winning reporting on Ken Fisher, Luminaries awards program and Women in Wealth newsletter.
