Bond king Jeffrey Gundlach sees "global growth scare"
Doubleline Capital manager Jeffrey Gundlach sees trouble brewing between now and the end of Summer because of the nomination of Donald Trump.
He said Trump's rhetoric points to protectionist policies, which would mean negative global growth he told Reuters.
Gundlach also spoke about oil.
"I think oil will have a hard time moving up to $45," he said. The risk-reward proposition is "so bad right now because you had this easy rally" in risk markets.