Reuters with the headline comments from Gundlach

  • Says global stock market signals economic weakness

I guess if you reckon the stock market is some sort of discounting machine you might agree, no? Or, is it something else entirely?

more:

  • Congressional election could result in another widening of the deficit
  • US rates could move higher, not lower, in next recession due to massive supply of bonds

Rates higher in next recession? nah …. can't see it myself

More again:

  • Says he is monitoring European banks and credit Suisse, they're near lows
  • Bullishness on USD is extraordinary, likely to end … USD not likely to hit new highs

That last comment (bolded) G calling a top for the USD. Always a tricky pursuit given trend is your friend etc.

More;

  • Driver of US economic growth is deficit spending, borrowing from the future
  • Rising deficits and the Fed hiking rates is alarming

Gundlach is CEO of Doubleine Capital, ginormous money manager

-

No whining now, K?