- Speaking on one of his occasional wide-ranging webcasts, Jeff Gundlach says the recent actions in global stock markets signal economic weakness.
- Trump Tariffs: They've hurt global stocks more than U.S. shares.
- Dollar: There is extraordinary bullishness on the greenback (UUP, UDN), and that's likely to end.
- Struggling European banking giants: Share prices of Deutsche Bank (NYSE:DB) and Credit Suisse (NYSE:CS) are near decade lows, meaning serious problems at the core of the eurozone situation.
- U.S. elections: Likely to usher in a period of even greater deficit spending. It's possible Treasury yields (TLT, TBT) rise during the next recession. He's seeing 6% on the 10-year by 2021.
- Oil (NYSEARCA:USO): A panic flush out is occurring, and we're close to a bottom.
- Corporate paper: Investment-grade bonds (NYSEARCA:LQD) are in dangerous territory at their highest-ever valuations.
- Now read: The Dollar/Euro: The European Currency Looks To Challenge
Original article