A recent article in The Wall Street Journal argues against giving up on value investing notwithstanding more than a decade of poor performance. It contends, however, that there’s more uncertainty…
Day: April 12, 2019
Gundlach: Modern Monetary Theory 'Complete Nonsense'
An article in Bloomberg reports that in a recent webcast, DoubleLine Capital’s Jeffrey Gundlach characterized modern monetary theory (MMT) as “a completely fallacious argument.” Gundlach joins a group of critics…