‘Bond King’ Jeffrey Gundlach says Bernie Sanders is the biggest risk to the financial markets in 202
KEY POINTS DoubleLine CEO Jeffrey Gundlach said Bernie Sanders is the odds-on favorite to win the Democratic nomination in the 2020 presidential election, and the markets are not prepared for it. “The financial markets broadly will have to deal with the fact that there could be a scare that Bernie Sanders is starting to become a plausible candidate for the nomination,” Gundlach said. For his markets predictions, Gundlach said his highest conviction idea is that the dollar will weaken. He also predicted emerging markets will outperform this year, saying investors should look for buying opportunities there for both equities and bonds.
Next recession: Jeff Gundlach, other experts warn on corporate credit - Business Insider
"That's why you should be playing defense right now," says Doubline Capital CEO and renowned "Bond King" Jeffrey Gundlach.
Jeff Gundlach shares rising-interest-rate stock-market strategy
The CEO and chief investment officer of DoubleLine Capital thinks investors can make a bundle from a controversial trade.
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