Crux note: This 14-minute interview with ‘Bond God’ Jeff Gundlach is a must-see. He covers a wide range of topics, including his prediction for the presidential race (summarized below), his thoughts on negative interest rates, his top investing ideas for 2016 (and for a Trump presidency), and even his thoughts on Apple’s future.
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Bond guru Jeff Gundlach trusts his instincts when it comes to his investments. Now he has a prediction about the presidential race: Donald Trump will win.
The CEO of DoubleLine, which manages $84 billion for clients, told CNBC he’s apolitical but said, “I think it’s important for investors to deal with reality.”
Another reality will likely be that Trump will have a very large deficit while in the Oval Office, Gundlach added.
“He’s very comfortable with debt. We know that about Donald Trump,” he said…