FYI: (Click On Article Title At Top Of Gogle Search)
Three weeks ago, the unthinkable happened: The United Kingdom voted to leave the European Union.
Prior to the referendum, corporate heads, central bankers, political leaders, and economists all predicted that a vote for a so-called Brexit, or British exit, would be, if not the end of the world, something close to it. The U.K.’s economy would sink into a recession, the EU would start coming apart, and global stock markets would crumble.
The markets have been relatively calm so far, leading some to muse that other repercussions might not be so bad. Don’t bet on it, says Jeffrey Gundlach, CEO of Los Angeles–based DoubleLine Capital, which oversees more than $100 billion. In a recent interview, Gundlach, one of the world’s best fixed-income investors and a member of the Barron’s Roundtable, argued that Brexit is probably the start to a summer of volatility, and explained how Donald Trump could become president of the U.S. He also told us why he’s avoiding the stock market.
Regards,
Ted
https://www.google.com/#q=Jeffrey+Gundlach+on+Stocks,+Trump,+and+Gold+Barron's
