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Gundlach: Trump Forcing Downturn to Save the Day Later; Don’t Rule Out Clinton in 2020
Money and Markets ^ | August 28, 2019 | JT Crowe

Posted on 08/28/2019 9:30:06 AM PDT by 2ndDivisionVet

“Bond King” and DoubleLine Capital founder and CEO Jeffrey Gundlach is a Donald Trump fan who predicted the reality TV star’s 2016 presidential election victory a year in advance.

Gundlach is known for making audacious predictions (and there’s a big one coming later in this story about a certain 2016 candidate), but he said he just had a feeling Trump would win the highest office in the land. “The first time I publicly predicted Trump would win was in the Barron’s roundtable, which was the first Monday in January 2016,” Gundlach said in a recent interview with Intelligencer. “And Trump at that point was like 500-to-1 or something in the betting odds — but I was absolutely sure he was going to win. I went through the candidates and … people wanted the dishes to get broken, you know?”

Gundlach’s latest prediction also is a bit of a doozy: Trump is intentionally forcing an economic downturn in order to right the ship just ahead of the 2020 election and come out the hero. But, Gundlach added, it’s a very dangerous game.

(Excerpt) Read more at moneyandmarkets.com ...


TOPICS: Business/Economy; Politics; Weird Stuff
KEYWORDS: 2016election; 2020election; doublelinecapital; election2016; election2020; jeffreygundlach
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Strange.
1 posted on 08/28/2019 9:30:06 AM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

“Strange.”

Hasn’t this group been in the Clinton Whorehouse for a long time.


2 posted on 08/28/2019 9:32:40 AM PDT by Grampa Dave ( Here's the Formula: Hatred + Government + Disarmed Civilians = Genocide !)
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To: 2ndDivisionVet

He forcing a downturn, because we have no other choice at this time, unless we want to be a colony of China some day.

This is our Waterloo. Trump was dealt a crappy hand, thanks to Clinton, Bush Xs 2 and of course Obama. Carter didn’t help either.

Reagan started the turn around but Bush senior had no fortitude to do anything other than get us into war.


3 posted on 08/28/2019 9:34:38 AM PDT by nikos1121
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To: nikos1121

And even then he couldn’t use an 80 something percent approval rate to win a 2nd term!!


4 posted on 08/28/2019 9:36:32 AM PDT by dp0622 (Bad, bad company PeoTill the day I die.)
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To: 2ndDivisionVet

Gundlach - another Lying Leftist Media prop who doesn't know what the h#ll he's talking about.

5 posted on 08/28/2019 9:36:52 AM PDT by Jim W N (MAGA by restoring the Gospel of the Grace of Christ and our Free Constitutional Republic!)
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To: 2ndDivisionVet

I reject the premise of their being a “downturn.”


6 posted on 08/28/2019 9:37:29 AM PDT by FlipWilson
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To: Jim 0216

The guy comes across as agoofball.


7 posted on 08/28/2019 9:37:53 AM PDT by Okeydoker
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To: 2ndDivisionVet

That’s odd - isn’t it Obama’s economy?


8 posted on 08/28/2019 9:39:09 AM PDT by Darteaus94025 (Can't have a Liberal without a Lie)
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To: 2ndDivisionVet

If he truly thinks that Trump is engineering the downturn and that Clinton may make a comeback then he’s an idiot, and his prediction on Trump in 2016 was likely luck and not due to any analysis on his part.


9 posted on 08/28/2019 9:39:40 AM PDT by DoodleDawg
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To: 2ndDivisionVet

So let me see ... whom has been talking smack, panic and doom and gloom about the economy these last three years?

And so Trump is responsible....


10 posted on 08/28/2019 9:40:03 AM PDT by Rurudyne (Standup Philosopher)
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To: 2ndDivisionVet

Wow maybe we can get Hillary and RBG dead within the same year.


11 posted on 08/28/2019 9:41:20 AM PDT by Secret Agent Man (Gone Galt; Not Averse to Going Bronson.)
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To: nikos1121

If you ask me, Bush I had “compromat” just like Roberts. Which is why we had to go to War with Panama to “get Escobar”.


12 posted on 08/28/2019 9:46:45 AM PDT by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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To: 2ndDivisionVet

If the hag throws in, you now the establishment has a “no fail” election fraud scam in place for her. That could include the physical removal of President Trump. You can use your imagination on that. Otherwise, she hasn’t a chance in hell of ever getting back into the WH.


13 posted on 08/28/2019 9:48:29 AM PDT by drypowder
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To: 2ndDivisionVet

downturn. right.

“Americans’ View of the Current Economy Is the Highest in 19 Years”

https://www.bloomberg.com/news/articles/2019-08-27/u-s-consumer-confidence-declined-less-than-forecast-in-august


14 posted on 08/28/2019 9:50:25 AM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: 2ndDivisionVet

The key to this prediction will be the July-September 2019 GDP number. If GDP growth is positive, then this prediction won’t happen.


15 posted on 08/28/2019 9:51:23 AM PDT by FtrPilot
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To: Secret Agent Man

“Wow maybe we can get Hillary and RBG dead within the same year.”

How cold....

RBG is near the end of her long and storied life, but Clinton is relativly young and should live for a long, long time...

In Gitmo.


16 posted on 08/28/2019 9:52:16 AM PDT by bk1000 (I stand with Trump)
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To: 2ndDivisionVet

If anyone is forcing a downturn it is CNBC which is beating the drum for an impending 2nd Great Depression descending on the US very very soon.


17 posted on 08/28/2019 9:52:48 AM PDT by xkaydet65
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To: 2ndDivisionVet
Gundlach’s latest prediction also is a bit of a doozy: Trump is intentionally forcing an economic downturn in order to right the ship just ahead of the 2020 election and come out the hero.

I disagree with Mr. Gundlach. His prediction confuses Candidate Trump with President Trump. Though a savvy and tenacious campaigner, Donald J. Trump is first and foremost President Trump. And he behaves as such.

President Trump always puts first the good of the people and country. He does things because they are right. And he trusts that results will speak for themselves.

Yes, President Trump is a master of timing. But he uses timing to succeed in reaching his objectives. Those objectives are concrete; Build a Wall, End Invasion of Illegal Aliens, Protect the Country, End the Red Chinese Trade War with our Victory, etc. He does not use the nation's economy for his or a party's benefit.

That's what Democrats do.

18 posted on 08/28/2019 9:53:10 AM PDT by DakotaGator (Weep for the lost Republic! And keep your powder dry!!)
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To: 2ndDivisionVet

19 posted on 08/28/2019 10:38:50 AM PDT by blam
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To: DoodleDawg

Yup. Remember Nate Silver? He luckily got the numbers right in 2012 and became the darling of the lefty crowd.

Since 2012 he has NOT gotten his lucky BS numbers right and even got fired by ESPN for his retarded predictions.

We all get lucky at least once in life like winning a scratch and win ticket but this clown is riding his lucky one time streak into something from nothing..


20 posted on 08/28/2019 11:34:04 AM PDT by max americana (Fired ONE libtard at work at every election since 2008 because I enjoy it. I hope every lib die.)
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