In the Margins

Gundlach tackles monetary policy, presidential election

October 26, 2016

By InvestmentNews

Investors and financial advisors should not get too comfortable with the recent pattern of Federal Reserve monetary policy, DoubleLine Capital CEO Jeffrey Gundlach told attendees at an industry conference Tuesday in San Diego. In his speech, he took shots at Fed policy, the presidential election, and what he described as the “bizarro world” of both U.S and global monetary policy. He even compared GOP presidential nominee Donald Trump to the sudden recent popularity of unconstrained bond funds. “If everything sounds bad, just invest in something you don't understand. Trump is the same thing. Who the heck knows what he would do.” Read the original story from InvestmentNews.