Just Markets 2017 Please join us for a live webcast titled "Just Markets" hosted by:
Jeffrey Gundlach
Mr. Gundlach will be discussing the economy, the markets and his outlook for what he believes may be the best investment strategies and sector allocations for 2017.
Tuesday, January 10, 2017
1:15 pm PT/4:15 pm ET/3:15 pm CT
Click Here to Registerhttps://event.webcasts.com/starthere.jsp?ei=1125855PS. No word on whether he may be another "Celeb "who is boycotting the upcoming Presidential Inauguration.
Recap from December 13, 2016The Trump Effect
• Economists and major investment management firms said that if Donald Trump won the election there would be a global depression and the stock market would drop. Interestingly, the S&P 500 is up 6.5% since the close on November 8th, Election Day.
Why did Trump win the election?
• U.S. wealth inequality: Top 0.1% hold the same amount of wealth as the bottom 90%.
U.S. Manufacturing Jobs Decline since NAFTA
• Manufacturing jobs have declined significantly since NAFTA was signed by President Clinton, from 16,791 to 12,260 employees.
• Mr. Gundlach believes
a lot of people are hoping that there’s a magic wand out there that President Elect Trump can wave and bring jobs back, but doubts that is really the case.10-Year U.S. Treasury (UST) Yields
• Mr. Gundlach thinks 3% is a really big number on the 10-year UST yield. This is a number we are focusing on at DoubleLine. 3% was the high yield on the 10-year UST back in 2015.
• Mr. Gundlach is not predicting that we go above 3% anytime soon, but is wondering what a 3% plus 10-year yield would do to the stock market.
Quick two and 1/2 page read.
http://www.doublelinefunds.com/wp-content/uploads/12-13-16_TotalReturn-WebcastRecap.pdf
