'This is a really huge buy signal': Billionaire Bond King Jeffrey Gundlach lays out a juicy investment setup worth seizing — one that's only happened a handful of times in the last 100 years
@DLineCap hosted its inaugural Round Table Prime it's LA HQ in the 'Serra' room. The panel included Ed Hyman, @biancoresearch , Jeffrey Gundlach, Steven Romick, @DiMartinoBooth , @EconguyRosie , & moderated by @ShermanShowPod Key takeaways here:
Jeffrey Gundlach says—yet again—that the U.S. economy is gorging on debt
"The Fed is kind of helpless here, the fact that the deficit is so out of control this late in the economic cycle," Doubleline's Jeffrey Gundlach said. "We have never before had the Fed raise interest rates while the budget deficit was expanding."
Jeffrey Gundlach says the S&P 500 is headed to new lows: 'I'm pretty sure this is a bear market'