#gundlach 0 online
Members of #gundlach
Moderators
Members
click to invite
@Goldfinger $Gundlach is pretty cautious on the $dollar and neutral to mildly bearish on US equities. Short term bullish on bonds, and quite bullish on $commodities. Remains bullish on $gold although he admits he became less bullish after $Trump election win.
2
from #index,
click to invite
@Goldfinger And that wraps it up! Thanks for tuning in. $Gundlach
5
from #index,
click to invite
@Goldfinger One more comment from $Gundlach; he sees 3% as the big level on the 10-year UST note, above 3% and the 30+ year bond bull market is over. That's a big statement. 10-year note ended today at 2.38% yield. $bonds
2
from #index,
click to invite
@Floxl On another note : @Goldfinger One more comment from $Gundlach; he sees 3% as the big level on the 10-year UST note, above 3% and the 30+ year bond bull market is over. That's a big statement. 10-year note ended today at 2.38% yield. SO I have been reading this statement a lot. When we talk about a 30 year bull market in bonds, we are talking about a bull market in price which means the yield has been falling consistently right? So when we say, the bull market is going to be over, doesn't that mean that the yields are going to rise which is ultimatly going to be bad for gold?
0
from #newbies,
click to invite
@Goldfinger I'll be live chatting $Gundlach investor presentation, beginning now. $gold $oil $SPY
4
from #popular,
click to invite
@FundamentalAnalysis @Floxl Couldn't comment about newsletter writers, however I can imagine them being useful for idea generation. (Much easiar then going through companies one by one to generate ideas). In the ultra long term if $gundlach's theory holds and yields rise substantially it could be bad for gold. However we also need to consider the level of inflation. As I've mentioned before everyone talks of booms and busts. There are long drawn out echo moments where prices stay neutral. Given the relatively high debt levels around the world and very low inflation, interest rates and thus yields CANNOT normalise not yet at least. We need much higher inflation, for bond yields and thus interest rates to rise. Higher inflation can be good for gold especially if it leads to low or negative real interest rates. In the long term gold is like a currency, and is a store of value, and thus follows inflation. Our monetary system is designed to have inflation, so we can inflate away our debts and the key for central bankers these days is to have interest rates just slightly below inflation rates. Gold however isn't just driven by real interest rates, in fact if you look at all the factors that have affected gold, another less talked about factor is confidence. If confidence breaks gold will rise substantially. Broken confidence leads to higher inflation and higher interest rates.....what we saw in the 70s, until volcker/kissinger rushed in and sorted it out. I think Ray dalio compared to the other hedge fund managers is much more knowledgeable about economic history and our monetary system. He advises a bit of gold despite talking about the end of the bond bull market like some of the other hedge fund managers.
1
from #newbies,
click to invite
@racker @goldfinger, thanks for yesterday's $Gundlach updates
6
from #index,
click to invite
@Goldfinger $Gundlach insinuates that Bill Gross is a 'second-tier' bond manager: http://www.businessinsider.com/gundlach-gross-end-of-bond-bull-market-2017-1 He's not focused on the correct yield level on the 10-year UST lol
0
from #index,
@newswire Jeffrey #Gundlach to Hold Webcast Today on DoubleLine Total Return Bond Fund @newswire/jeffrey-gundlach-to-hold-webcast-today-on-doubleline The webcast will start at 4:15 pm Eastern/1:15 pm Pacific today (Tuesday March 7). To register for the webcast, please click here: https://event.webcasts.com/starthere.jsp?ei=1129095
0
from #newsroom,
click to invite
@Goldfinger Webcast title "Byrds" #Gundlach
0
from #index,
click to invite
@Goldfinger The Most Synchronized Economic Upturn in years: http://cdn.ceo.ca/1cbu98e-Econ_Upturn.png+ #Gundlach
0
from #index,
click to invite
@Goldfinger #Gundlach expects a move down to 2.25% area on the 10-year Treasury yield before a move up to 3%+ $bonds
0
from #index,
click to invite
@Goldfinger "A short position on the German 10-year is a heck of a lot smarter than a long position." http://cdn.ceo.ca/1cbu9j6-German_CPI.png+ #Gundlach
0
from #index,
click to invite
@Goldfinger Global inflation surprise index soaring: http://cdn.ceo.ca/1cbu9kp-Inflation_Surprise_Index.png+ #Gundlach
0
from #index,
click to invite
@Goldfinger "Another move up in interest rates globally later in the year." #Gundlach
0
from #index,
click to invite
@Goldfinger #Gundlach talking about the band "The Byrds".....he's evidently a huge fan.
0
from #index,
click to invite
@Goldfinger Small business optimism has jumped sharply since U.S. election. #Gundlach
0
from #index,
click to invite
@Goldfinger GDP has dropped off in recent weeks, looks like first quarter of 2017 will be weak: http://cdn.ceo.ca/1cbua45-GDP.png+ First quarter of the year has a history of being weak. #Gundlach
0
from #index,
click to invite
@Goldfinger This year is different with GDP forecasts actually increasing as the year has gone on, typically forecasts fall as we move deeper into the year: http://cdn.ceo.ca/1cbua7q-GDP_Forecasts.png+ #Gundlach
0
from #index,
click to invite
@Goldfinger @anonymous #Gundlach is one of the most successful bond fund managers in history.
2
from #index,
click to invite
@Goldfinger He's also running an equity fund now. #Gundlach
0
from #index,
click to invite
@Goldfinger "Reflation" meme is picking up: http://cdn.ceo.ca/1cbuan3-Reflation.png+ #Gundlach
1
from #index,
click to invite
@Goldfinger U.S. price stats are soaring: http://cdn.ceo.ca/1cbuaoj-Price_stats.png+ #Gundlach
0
from #index,
click to invite
@Goldfinger "Bond market showing a remarkable faith in the $Fed to retain a 2% inflation rate." #Gundlach
0
from #index,
click to invite
@Goldfinger "The markets are always talking to us and it's up to us to figure out what they're trying to say and put it all together." #Gundlach
0
from #index,
click to invite
@Goldfinger "We're not positive on the US dollar." #Gundlach
1
from #index,
click to invite
@Goldfinger "We prefer emerging market and Asian equities over Europe/US equities." #Gundlach
0
from #index,
click to invite
@Goldfinger "$Gold is a permanent portfolio position for us. The next major move in gold will be higher." #Gundlach
7
from #index,
click to invite
@Goldfinger #Gundlach: "US stocks are not cheap at all, we are close to 1929 valuation levels." http://cdn.ceo.ca/1cbubgj-Stock_Valuations.png+
1
from #index,
click to invite
@Goldfinger We've pushed to a new high in margin debt. #Gundlach
1
from #index,
click to invite
@Goldfinger "If a market can't rally against a huge short position, then maybe that short position gets worked off by a sideways movement." #Gundlach #bonds http://cdn.ceo.ca/1cbubn5-Treasury_shorts.png+
0
from #index,
click to invite
@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
0
from #index,
click to invite
@Goldfinger "Risk is quite high here in corporate bonds, we are at the longest duration ever for the Barclays U.S. Aggregate Bond Index." #Gundlach
0
from #index,
click to invite
@Goldfinger Doubleline Total Return Fund Composition: http://cdn.ceo.ca/1cbuc4m-Total_Return_Fund.png+ #Gundlach
0
from #index,
click to invite
@Goldfinger #Gundlach taking questions now
0
from #index,
click to invite
@Goldfinger Interesting the total return fund currently holds 7% cash. Harder to find assets at attractive valuations. #Gundlach
1
from #index,
click to invite
@Goldfinger "It's not appropriate to talk about a steepening yield curve, we are more believing a flattening yield curve will come." #Gundlach
0
from #index,
click to invite
@Goldfinger #Gundlach owns a ton of his Total Return Fund (DBLTX) and he has never sold any of it.
0
from #index,
click to invite
@Goldfinger "When it comes to European bonds I wouldn't touch them with a 10,000 foot pole." #Gundlach
1
from #index,
click to invite
@Goldfinger "I think there will be a bigger tradable rally in bonds in the near term." #Gundlach
2
from #index,
click to invite
@Goldfinger "10% of your portfolio should be in emerging market stocks here." #Gundlach
2
from #index,
click to invite
@Goldfinger #Gundlach sees the 10-year Treasury yield rising to 6% within a few years (5 years). $bonds
1
from #index,
click to invite
@Goldfinger #Gundlach presentation complete.
1
from #index,
click to invite
@Goldfinger #Gundlach hinted in a not so subtle way that he thinks there's a lot of dumb money in high-yield corporates here. Risk clearly to the downside.
0
from #index,
click to invite
@Goldfinger To 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
2
from #index,
click to invite
@stateside Thanks @Goldfinger I always find #Gundlach interesting.
3
from #index,
click to invite
@Goldfinger Treasury yields soaring this morning, 10-year closing in on 2.60%. #Gundlach was adamant we would get a dip down to the 2.25% area in the 10-year during 1H 2017
0
from #index,
click to invite
@flippy @Goldfinger Bond King Bill Gross has indicated that 2.6% on the Ten-Year Treasury will end the bull market in bonds
0
click to invite
@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
1
from #index,
click to invite
@Goldfinger If #Gundlach sticks to his guns and what he said Tuesday after the close he will be getting longer duration here in anticipation of an intermediate term rally in USTs. $bonds $gold
0
from #index,