“There’s No Price-Discovery Mechanism” – Gundlach Warns Fed “Desperation” Has Removed All Signals From Markets | Zero Hedge

KW: Essentially this is it. Flooded with newly created money, price discovery has flown out the window making ‘markets’ a joke we call a casino. Unless you are prepared to lose all your chips in one foul go no one should be playing at this roulette table

 

“…they are spraying money all over the place and buying all these assets.”

Source: “There’s No Price-Discovery Mechanism” – Gundlach Warns Fed “Desperation” Has Removed All Signals From Markets | Zero Hedge