Wednesday December 12, 2018. When the bond king, Jeff Gundlach talks, we listen. Rate hikes, China tariffs, and Trump hostile White House meetings, get the news coverage, but most people do not understand that the Fed is reducing their balance sheet by 50 BILLION a month……this is negatively affecting the stock market. Go to link below.
Will we get a Santa Claus rally this year? The funds are ‘window’ dressing their portfolios to make them look better to investors as we head toward the end of the year. The futures are up 200 as we write this.
NEW YORK (Reuters) – Jeffrey Gundlach, chief executive of DoubleLine Capital, said Tuesday on an investor webcast that the Standard & Poor’s 500 Index is likely to go below its February 2018 lows.
WHFBZ and HCXZ are BUYS at current prices.
NOTE TO NEW READERS: Before you buy anything we discuss here, GO to the Core Portfolio tab to see a CURRENT listing of holdings.
Here is a new book that you might find interesting.