Jeff Gundlach Still Psyched To Invest In President Trump's Economic Apocalypse

J-Gunds cannot get enough of Trump and his hypothetical free-spending ways.
Author:
Publish date:

While many of us are left to stare numbly into the potential abyss of what a Trump presidency might look like and indulge the deepest nihilism of our American psyche, one man is continuing to contemplate the hellfire and thinking that he might get a nice tan:

Gundlach.Trump

Presumptive Republican nominee Donald Trump is going to be the next president of the United States, and things could get "pretty scary" in the short-term, according to Jeffrey Gundlach, chief executive officer of DoubleLine Capital.
Still, investors should look at any Trump-related market downturn as a buying opportunity, he said.

Telling the folks over at CNBC that he thinks Trump is "much more credible than people think," J-Gunds elaborated on a themes that he's been laying down for weeks now: Trump is his kind of scary.

"People aren't getting along, they're not happy because of technology taking jobs, and sort of this long, slow grind of a new economy. And so they're looking for change, and I think Trump is going to win on the basis of that," Gundlach said on "Fast Money Halftime Report." "And he will be quite a bit like Ronald Reagan."

J-Gunds even has a cute nickname for President The Donald: "Ronald Trump." And what Gundlach likes best about Trump is that he likes to spend even when he doesn't have the money to do it with, which makes him good for something Jeff loves very very much...

"Things are going to get pretty scary, and I think it's going to present quite a good buying opportunity because I think when Donald Trump is inaugurated, I think that he's going to initiate a very large deficit spending program," Gundlach said.

Mmm, that's what "Bond Gods" like to see...

Gundlach: Donald Trump will be president, things will get 'scary' [CNBC]

Related