Posted on 03/22/2016 12:51:57 PM PDT by Innovative
Jeffrey Gundlach, the widely followed investor who runs DoubleLine Capital, foresees a “global growth scare” between now and the end of the summer, triggered by a presidential nomination of Donald Trump.
“That is where I see the vulnerabilities,” Gundlach said in a telephone interview on Monday. Trump’s protectionist policies could mean negative global growth, Gundlach warned. “As he gets the nomination, the markets and investors are going to worry about it more. You will see a downgrading of global growth based on geopolitical risks. You must factor this into your risk-management.”
(Excerpt) Read more at fortune.com ...
This is hysterically funny!
Nice! I started my annual reading on Sunday.
Best book ever written!
Yes...it will be a rough transition going from the organized crime method of global economics to one based on frugality and self-interest of the United States, much as the path out of heroin addition is an arduous one. But it must be done. There is no future with global Uniparty corruptocrats in control.
If Trump is elected it wouldn’t surprise me to see the markets take a major hit. The promise of trade wars would throw everyone into a panic.
Discount DoubleLine?
We are already in a trade war and we are losing.
Must already be a house of cards then
They know it’s about to crash so they need someone to blame. Even if Hillary wins they’ll blame Trump for almost winning.
I see a global growth scare allright — President Trump will enact polices that will speed up the U.S. economy and pull the global economy out of the dumps. The scare is to those who hold assets that will fall in value if the global economy improves dramatically. Maybe Grundlach is one of those.
Oh, and by the way, where was Grumble-mesiter Grunlach when Obama was elected. Talk about fincancial Armageddon. I don’t recall him making a peep.
Who is John Galt?
Come on. At least propose PLAUSIBLE lies.
the tactics are similar to the arguments against Brexit:
“If you vote for Trump/Brexit: Santa will cancel Christmas, the tooth fairy will phone in sick, the seas will fill with blood, and poisonous toads will fall from the sky...”
Oh well, booo hoo...
World Economy => Potemkin Village
Will the world economy crash before or after the great flood takes out all of the world’s coastal cities?
I thought this was a James Bond thread....
Or the stock market could triple. Or the skies could rain fudge ripple ice cream. Or Godzilla could rise from the oceans...
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