Gundlach Predicts “Trump Will Win”, Says “The Federal Reserve Has Basically Given Up”
by Tyler Durden
ZeroHedge.com
04/22/2016
“The US stock market seems egregiously overvalued versus other stock markets… you are going to see declines in the US stock market and since the correlations are so high this means that probably the junk bond market will go back down, too. Negative interest rates are the dumbest idea ever. It’s horrible…. Gold is doing fine. It’s preserving capital in the US, it’s been making money over the last couple of years for European investors. That’s why I own gold…. Trump is going to win. I think Clinton and Sanders are both very poor candidates.”
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