"Central banks are losing control and they don't know what to do ... just
like the Republican establishment and Donald Trump.... The Fed is
confused and their confusion spills into investor psychology," said
Gundlach, who oversees more than $100 billion at Los Angeles-based
DoubleLine. "The Fed changes its tone so frequently, it seems every
other week the message is different. They’ve turned into the 'Zombie
Fed.' They say the meeting this week is 'live,' but investors all know
it isn't at all."
