Tag: Jeff Gundlach

‘Calamity’ may be coming, stock-market setup similar to 1999: Jeffrey Gundlach

Via Marketwatch

When 2-year and 10-year yields invert, ‘you’re supposed to be on recession watch, and we are,’ says DoubleLine chief

A “calamity” may be coming for markets, potentially in 2023, Jeffrey Gundlach, chief executive officer and chief investment officer of DoubleLine, warned Tuesday on stage at the Exchange ETF conference in Miami.

The Treasury market’s yield curve is signaling “trouble ahead,” Gundlach said, referring to the recent inversion of 2-year TMUBMUSD02Y, 2.495% and 10-year yields TMUBMUSD10Y, 2.777%, which historically has preceded a recession. The setup in the stock market is “very similar” to the one seen in the fourth quarter in 1999, he warned, in a reference to the lead-up to the bursting of the dot-com bubble.

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Gundlach: Trump Will Win Next Week, And By 2027 “There Will Be Some Sort Of Revolution”

Via ZeroHedge

Back at the start of 2016, when nobody else would even consider such an outcome, DoubleLine Capital CEO Jeff Gundlach shocked the economic, financial and political establishments when during the January Barron’s roundtable of that year, he predicted that Donald Trump would become the next US president. He was right.

Fast forward to today when one week before the elections, and in an environment when most polls predict that Biden will crush Trump and where Nate Silver gives Trump just as 13% chance of defeating Trump, Jeffrey Gundlach is predicting another victory for President Donald Trump.

As Financial Advisor magazine reported, during a Tuesday webcast as part of Schwab’s 2020 IMPACT conference, Gundlach said that despite polls, analysis and betting odds that suggest otherwise, Trump is likely to outpace former Democratic vice president Joe Biden in the contest.

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Gross Echoes Gundlach, Says Trump Rally Is Misguided: “Move To Cash”

Tyler Durden's picture
by Tyler Durden
Dec 2, 2016 8:05 AM

On the heels of Jeff Gundlach‘s “there’s going to be a buyer’s remorse period” warnings yesterday, the other ‘bond king’ has raised similar fears that the Trump rally is overdone (as are the prospects for growth behind it). Putting aside the book-talking as their bond portfolios suffer, Gross echoes Gundlach’s “Trump’s not the wizard of oz” comments, noting that the next president faces serious structural headwinds and warns investors “should move to cash,” as any fiscal stimulus gains will be temporary at best.

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‘Sell everything,’ DoubleLine’s Gundlach says

Via Reuters

Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Friday that many asset classes look frothy and his firm continues to hold gold, a traditional safe-haven, along with gold miner stocks.

Noting the recent run-up in the benchmark Standard & Poor’s 500 index while economic growth remains weak and corporate earnings are stagnant, Gundlach said stock investors have entered a “world of uber complacency.”

The S&P 500 on Friday touched an all-time high of 2,177.09, while the government reported that U.S. gross domestic product in the second quarter grew at a meager 1.2 percent rate.

“The artist Christopher Wool has a word painting, ‘Sell the house, sell the car, sell the kids.’ That’s exactly how I feel – sell everything. Nothing here looks good,” Gundlach said in a telephone interview. “The stock markets should be down massively but investors seem to have been hypnotized that nothing can go wrong.”

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