Follow Us on StockTwits

Jeff Gundlach DoubleLine Predicts Summer Drop In Markets

Posted by on June 14, 2017 7:32 AM
Tags: , , ,
Categories: Business

Jeff Gundlach of DoubleLine is predicting a summer drop in markets and I agree. The CEO told CNBC (link above) that if you are an active trader you should be taking profits in longs and moving to cash today, literally today.

Jeff Gundlach DoubleLine Prediction

It’s hardly surprising that a bond trader like Jeff Gundlach DoubleLine would make such a prediction. I agree with the prediction and think it’s time to not only go to cash, but to add some gold to your holdings.

I think the Federal Reserve is hiking rates too fast and that there’s no way they should hike rates in June. The big miss today on the contracting CPI really underscores how the Fed is raising rates too fast.

Follow me

Lance Jepsen

For ethical purposes, I try not to hold any position in any stock I profile on GuerillaStockTrading.com unless specifically stated in the article. Owner of GuerillaStockTrading.com. Seasoned entrepreneur, investor, and writer. I love God, family, country, stock trading, economics, and helping people learn how to trade.
Follow me