Jeff Gundlach, the boss of DoubleLine and known on Wall Street as the "king of bonds", said that ahead of investors waiting for the hot summer - on AMarkets materials.
Highlights, which advises to pay attention Gundlach:
* Summer on Sale in the US market is inevitable. It will largely unwind around a pre-election rhetoric. Trigger - the probability of winning Trump. Gundlach says that the expected correction - the opportunity to buy paper at good prices.
* Negative rates around the world have an effect opposite to that on which central banks are expected. Assets countries using ZIRP policy depreciate. Popular recession by Gundlach indicator (bond price behavior) says, however, that in the next month will not sell.
* BREXIT - end for the euro area.
In a world more and more sovereign bonds with negative rates. About $ 8 trillion - the expert says.
Schedule - central banks that use negative interest rates, the share of global GDP: