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Bond Guru Jeffrey Gundlach: Brexit Not Going To Happen -
FYI: (Click On Article Title At Top Of Google Search) The UK is not going to vote to leave the European Union, according to Jeffrey Gundlach. Regards, Ted https://www.google.com/#q=jeff+gundlach+UK+ft
Thanks as always for the link, @Ted. Maybe the most interesting tidbit in this piece is that Gundlach thinks Trump will win the presidency. Talk about a contrarian bet!
Undterstand the debt issue within EU. In the end I don't think UK will leave. Wall Street is expecting Clinton to win. If Thump wins, ther will be a trade war with China and others, don't think that is good for everybody.
As Yoda would say, "Never at a loss for words or opinions, Mr. Gundlach is." I am so in awe.
Me too! Because I am so inept at predicting/forecasting I like to see if the "experts" are any better. Below are his predictions at his March 8 conference call after the market close. He said the S&P had but 2% upside with 20% downside and his usual perma bear disdain for junk bonds saying they were a widowmaker among other things such as his bearishness on emerging markets. Since then the S&P is up 6.22% and junk up 4.37% on a total return basis and emerging markets have come to life.
Comments
http://blogs.wsj.com/moneybeat/2016/03/08/jeffrey-gundlach-calls-end-of-risk-market-rally/