Jeffrey Gundlach, financial guru and co-Founder Fund DoubleLine Capital, believes that the time for successful purchase of US stocks has not yet come.The bottom of the front - on the materials AMarkets.
Commodities may reach the minimum price when the gold starts to show signals of the rally. Last year, $ 52.3 billion-tion bond fund Gundlach DoubleLine Total Return Bond earned a 2.3% return, beating on the results of 94% of similar funds (data Bloomberg). Gundlach expects that gold will rise to $ 1400 per ounce. In this global world economic growth will be 1.9% this year against the background of immersion of the manufacturing sector into recession.
If the segment of services in the same way prosyadet in 2016, the probability of a recession in the US is approaching 50%. It is noteworthy that last year Gundlach very accurately predicted the decline in oil prices, a flat trezheris dynamics and inflation, as well as the problematic situation in the market of junk debt due to low commodity prices. His only mistake - Gundlach thought that in 2015 the price of gold will increase.