Jeff Gundlach: Very Cautious 2013 Outlook.
December 19, 2012 - 8:37am
By SenseoncentsLast week I shared with readers a written “playbook” provided by Jeff Gundlach and his team at Doubleline in my commentary, What Is Really Going On in the Economy/Markets?.Today we get to invite Mr. Gundlach “into” our office so to speak and hear his piercing insights. If you have an even passing interest in the markets and economy, get yourself a second cup of coffee and some pain medication as you absorb this 20-minutes worth of wisdom that will surely help you navigate the economic and market landscape in 2013 if not beyond. What does Gundlach address? 1. We should be more concerned with the fiscal crisis than the fiscal cliff.2. Economic headwinds are prevailing and likely to worsen given developments in Washington.3. Government bonds likely to remain strongly supported . . . for now.4. Bullish on Japanese equities but learn why….a debasing of their currency.Continue reading this article »