"New Bond King" Gundlach: If the unemployment rate rises another 0.3-0.4 percentage points, it will be worrying, and he believes that this will soon lead to an economic recession.

"New Bond King" Gundlach: The US dollar will weaken only when a recession occurs. In the short term, the US dollar seems very stable compared to most other developed currencies.

Market news: A fire broke out in the Ukrainian port of Odessa after it was attacked by a missile.

"New Bond King" Gundlach: I have always been optimistic about gold, but I did not expect it to rise so fast. I will continue to hold gold.

The gains of the three major U.S. stock indices narrowed, with the Dow Jones Industrial Average up 0.6%, the Nasdaq up 0.34%, and the S&P 500 up 0.12%. All of them had previously risen by more than 1%.

"New Bond King" Gundlach: I believe the US dollar will weaken and the US dollar seems stable in the short term.

"New Bond King" Gundlach: I have reservations about whether there will be an economic recession in 2024.

"New Bond King" Gundlach: With oil prices reaching $80 a barrel, it is uncertain whether we can continue to reduce inflation to below 3%.

The Lockheed Martin (LMT.N)-Boeing (BA.N) alliance has been told it must launch more U.S. satellites.

"New Bond King" Gundlach: Federal Reserve Chairman Powell hopes that inflation data will fall without raising interest rates.

Federal Reserve Chairman Powell: The Basel III process is the most important regulatory issue to date.

According to the Wall Street Journal: Federal Reserve Chairman Powell hinted that the unemployment rate must rise by more than 0.2 percentage points before the Fed will cut interest rates.

Federal Reserve Chairman Powell: If we conclude that it is appropriate to re-propose, we will do so.

Federal Reserve Chairman Powell: We have not made any decisions on this policy or process.

Federal Reserve Chairman Powell: (When asked about Basel III) The Federal Reserve is committed to completing the process and implementing the ultimate goal of Basel III.

Federal Reserve Chairman Powell: There must be broader developments to indicate that it is appropriate to consider a rate cut.

Federal Reserve Chairman Powell: The rise in the U.S. unemployment rate must be substantial before we will take action.