Gundlach: “The Biggest Winner Out of All of This May Be the American Economy”

Once we get past a rough patch...

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Jeffrey Gundlach. two sinks

Autor: Gabriela Huerta

The selloff caused by the COVID-19 outbreak has further to go, and U.S. financial markets are not likely to see a bottom until later in April, said DoubleLine Capital CEO Jeffrey Gundlach

Gundlach argued that financial markets are behaving dysfunctionally, in part because of the ongoing affect of monetary and fiscal stimulus packages

"The U.S. economy may actually be in a “better place” as the recovery is likely to focus on a more resilient economy with more manufacturing and self-sufficiency in the U.S. and less emphasis on the American consumer"