Friday, June 03, 2016

Gundlach Warns Of "Massive Anxiety"
 About The Market
Hedge fund manager Jeff Gundlach says he is "sticking with my '2 percent upside and 20 downside' prediction on U.S. stocks.... it's working, I can see it going to 1,600." .. thinks that financial markets are extremely vulnerable to a "pretty good cocktail" of three factors: The Federal Reserve raising interest rates, the labor market weakening & Republican presidential candidate Donald Trump .. "You're going to have the Fed raising rates, the labor market is already softening and you'll see 'scare' articles about Trump that read, 'If you vote for this guy, we will go into depression'" .. Gundlach thinks the latest surge in stocks is a short squeeze rally.
LINK HERE to the article

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