On the short side if equities fail to stay near current highs. Gundlach speaking on a conference call a few hours ago
Reuters with the recap, and specifically on his big money trade;
- "A minor new high in the S&P might be rejected, which is what happened with U.S. Treasuries."
S'pose so.
More:
- has repeatedly said gold is the better alternative to Treasuries and equities against the backdrop of "a banking system in Europe, which is in a state of heading toward insolvency."
Article is here
