Following up on his dire comments from yesterdyay, when he said that “central banks are losing control”, an assessment confirmed today not only by Yellen herself but by the Fed’s biggest cheerleader Steve Liesman, this afternoon, in the aftermath of a disastrous performance by Janet Yellen, Gundlach took the podium again and told Reuters that the Fed is “no longer trying to prepare the markets for rate hikes because they are no longer certain they are going to raise them.”