The strong U.S. stock market rally, surge in Treasury yields and strength in the U.S. dollar since Trump's surprising Nov. 8 presidential victory look to be "losing steam," Gundlach, who oversees more than $106 billion at the Los Angeles-based investment management firm, said in a telephone interview….
"There is going to be a buyer's remorse period," said Gundlach, who voted for Trump and accurately predicted in January the winner of the presidential election.
"The dollar is going to go down, yields have peaked and will move sideways, stocks have peaked as well and gold is going to go up in the short term."
Jeffrey Gundlach Is Taking His Boring Profits All The Way To The Back Room Of The Video Store
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