'Bond King' Gundlach: Surprised at Fed signaling no rate hikes this year

3:55 PM ET Thu, 21 March 2019

CNBC's Scott Wapner reports on Doubleline CEO Jeffery Gundlach's response to the Federal Reserve's interest rate decision. Gundlach said he was surprised the Fed signaled there will be no rate hikes this year and said the U.S. is still in a bear market.