DoubleLine’s Jeffrey Gundlach delivered a presentation on the weekend in New York and the Reformed Broker has some of the details:
By far the most bearish and damning portion of Jeff’s presentation was the housing market wake-up call. He blazes through several slides, from mortgage applications to new home starts to pending sales to show that the housing recovery over.
He seems multi-generational households as a growing trend and says the housing recovery has been overstated:
Interesting stuff.
