Gundlach is head honcho at Doubleline Capital and all round smart cookie. Part of his regular investor webcast:

  • financial markets have moved to a regime of significant volatility

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Good news traders, over to you!

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And, more:

  • Sees no sign of recession in 12 months from leading indicators
  • We are late in the US economic cycle, and yet the deficit is expanding, which is unusual

(LOL .... G is taking the piss .... 'unusual' will be his code word for insane)

More:

  • If QE was a tail wind for markets, Quantitative Tightening must be a head wind
  • conviction that market will close the year down is pretty high