Jeff Gundlach on bond rates, shorting India and buying China: Recap
September 10, 2013, 12:40 PM
Jeffrey Gundlach, chief executive of DoubleLine Capital and a bond-market expert who is known to take the podium at pivotal points, held a webcast entitled “What if,” late Tuesday. A litany of scenarios could have followed that opening — from the Federal Reserve’s potential move to scale back its bond purchases, to potential U.S. military action against Syria, to the impact of weakness in emerging markets on global debt.
As the live blog of the webcast below shows, Gundlach opined about several subjects — from gold and housing, to emerging markets.
He would go long Russia and China, and looks at the Market Vectors Russia ETF RSX 0.47% .And lastly: He ‘sort of’ likes gold mining ETF GDX GDX 0.34% and REITs are attractive.