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LIVE: Jeff Gundlach’s big presentation on markets and the economy
DoubleLine Funds
Jeff Gundlach, the CEO of DoubleLine Capital, is on Tuesday holding his quarterly “Total Return Webcast.”
It’s titled “Small Change.” The titles usually have something to do with the tenor of the presentation, so more on that to come.
At his most recent webcast in May, Gundlach said he expected the yield on the 10-year Treasury note to rise, adding that it was not a good time to take big risks on interest rates.
Gundlach, who had forecast that President Donald Trump would win the election, also said the dollar was likely to reverse its post-election gains.
This post is being updated as Gundlach speaks. Refresh for updates.
What “small change” means.
It reflects the fact that markets have been treading water, Gundlach said. Volatility indexes for stocks and bonds are at very low levels.
It also reflects the fact that some people are trying to obstruct President Donald Trump’s agenda as much as possible. “Small change is what they’re looking for.”
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
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