Investors can learn a lot from so-called investment gurus. By following the advice of various hedge fund managers, investment professionals, and other key market personalities, investors can gain valuable insight into the world around them and often find better returns. And one of the best places to find those ideas and the returns that come with them has been legendary bond investor Jeffrey Gundlach.
The founder and chief investment officer of DoubleLine Capital has been pretty vocal with his picks and pans over the years. And for the most part, Gundlach has been spot on in his assessments of the marketplace. Gundlach famously called the continued longevity of the Fed’s ZIRP tactics and the rise of President Trump.
And Gundlach’s latest missive might want to give investors pause. It turns out we all might be in for a world of hurt.