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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@Goldfinger"Valuations are not attractive in junk bonds right now. We could see some technical selling in junk bonds after the next $Fed rate rise. There isn't room for OAS spread to tighten much from here." #Gundlach
@GoldfingerTo summarize: US/European equities risky here with valuations near 1929 levels, high-yield corporate debt is risky (poor reward relative to risk proposition), see yield curve flattening (not steepening), bullish $gold and gold is a permanent portfolio position. #Gundlach
@flippy@Goldfinger Bond King Bill Gross has indicated that 2.6% on the Ten-Year Treasury will end the bull market in bonds
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@Goldfinger#Gundlach was very clear in his presentation yesterday that he doesn't see the US dollar making higher highs, seemed to believe we were in for a broad trading range but $103 on USD Index was a ceiling for now. $gold
@Goldfinger"The US dollar is not going up. The dollar has not gone up over the last 18 months. After being a huge dollar bull from 80 to over 100 on the US dollar index I went neutral, to slightly bearish, on the dollar." ~ #Gundlach