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Gundlach has “No Concept” of the Fed’s Exit Strategy

from Gold Alert

While the Federal Reserve recently announced the start of a third round of quantitative easing (QE3), several investors have begun to speculate over when and how the U.S. central bank will eventually conclude its unprecedented set of easy monetary policies.

One notable investor who does not see Ben Bernanke and his fellow central bankers departing from their money printing programs for the foreseeable future is Jeffrey Gundlach, the founder of DoubleLine Capital and one of the world’s most respected bond fund managers.

In an interview with CNBC this week, Gundlach stated that he has “no concept of what an exit strategy would look like.”

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