Four Years Of Equities Impotence If G.O.P. Health Bill Fails: Jeffrey Gundlach

Repealing Obamacare is like Viagra for the stock market.
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If Paul Ryan can’t scrounge up a few dozen more votes for the Republican healthcare plan, the economy is doomed. At least that’s DoubleLine Capital chief Jeffrey Gundlach’s take. The man of many enthusiasms figures that the Trump rally has been looking a little tired lately, anyway, and if the G.O.P. can’t get through the one thing it seemed they all agreed on, then Congress may as well just close down until the midterms next year.

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"Surveys show that people believe the (Obamacare) repeal is the most likely part of Trump’s agenda to be passed," Gundlach, who oversees more than $101 billion in assets at DoubleLine, told Reuters. "So if you can’t pass the repeal, everything else is in doubt for sure...."

Gundlach, who is known on Wall Street as the Bond King, said Tuesday's stock-market slump illustrated how "investors are questioning whether the pro-growth U.S. policies are really going to happen."

If healthcare vote fails, would jeopardize ‘Trump trades’: Gundlach [Reuters]

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Want To Earn $100,000 The Hard Way, You Dirty Little Bitch? Give Jeffrey Gundlach A Call

As you may have heard, at some point last week, bond manager Jeffrey Gundlach was robbed. Thieves took $10 million worth of stuff from the Doubleline founder's Santa Monica pad, including a couple of paintings, a few watches, some high-priced wine, a 2010 Porsche Carrera 4S, and whatever cash was lying around. While it's unclear if the burglars made away with Gundlach's collection of priceless pornographic films and sexual apparatus; if he was targeted specifically because the thieves knew they could get their hands on the original copy of Dr. Fellatio 16; or if they were tipped off by JG's regular pizza delivery guy, cable repairman, or pool boy, what is clear that Gundlach is pissed, pissed like a man who is no longer in possession of Ass Traffic Volume 2: The Director's Cut.  And that's where you come in. Mr Gundlach has reportedly offered a $100,000 reward for the return of his property. $1,000 is also being offered for information leading to the arrest and conviction of those who carried out the raid, according to Santa Monica police. And to the burglars, if you're reading this, Gundlach will see your asses in court (the real kind, unless you want to settle this in Bondage Nookie Court in which case, get in touch with this lawyer). Multimillionaire financier victim of $10-million heist [LA Times] Thieves snatch $10million haul of fine art, jewellery and a Porsche from home of wealthy banker dubbed the 'Bond God' [DM] Related (...?): Jeffrey Gundlach NOT Set Up By TCW, Big Fan Of “Dr. Fellatio” Series