Gundlach and Others Offer Market Perspective

The upcoming presidential election is causing uneasiness, not just at the water cooler or the dinner table but also in the markets. Matt Schifrin, a managing editor of investing at Forbes, canvassed several of what he considers the “smartest market thinkers” for perspective and investment advice amidst the uncertainty. Jeffrey Gundlach, CEO, DoubleLine Capital says, “Trump is going to win, so that’s all that needs to be considered.” He believes that the “economic fearmongering” that will ensue could cause a global growth scare and a related risk-asset selloff. According to Gundlach, this will create buying opportunities in stocks and other […]