Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Gundlach Versus Presidential Campaign Slogans Not Rated 5.0 Email Routing List Email & Route  Print Print
Wednesday, May 4, 2016

Gundlach Versus Presidential Campaign Slogans

Reported by Neil Anderson, Managing Editor

"I think you need to prepare for a Trump presidency."

Jeffrey Gundlach
DoubleLine Capital
Chief Executive Officer
Jeffrey Gundlach, chief of DoubleLine Capital, offers that tidbit and more this afternoon in his remarks at the 21st annual Sohn Investment Conference at Lincoln Center in New York City.

In addition to predicting a Trump win in six months, Gundlach also tackles bizarro presidential campaign logos and slogans, central bankers as inscrutable as modern painters, and even a couple of investment picks.

Gundlach has been forecasting a Trump victory at least since January. And the bond fund guru offers a prediction as to what a Trump presidency could mean for the economy: another debt-boom a la the 1980s under President Reagan.

"Let's face it, Donald Trump is extremely comfortable with debt," Gundlach says.

The Los Angeles-based bond fund PM takes on a host of historical presidential candidates' slogans and buttons before turning to the most recent crop of contenders. He called Trump's "Make America Great Again" slogan reactionary and notes that it's only a slimmed down version of Reagan's 1980 button slogan: "Let's Make America Great Again."

Jeb Bush's slogan, "Jeb!", should've been "WTF?" Gundlach suggests. Next to Ted Cruz's "TRUSTED", Gundlach found a picture of Cruz that looked like he was auditioning for the Munsters. A simple H including an arrow for Hillary Clinton, Gundlach says, simply means "You're going sideways," and her "What difference does it make?" comment he likens to President Richard Nixon's infamous comments about presidents' actions not being illegal.

As for investing tips, Gundlach mocks a "low-volatility stock fund" as inevitably anything but. And he recommends shorting a utilities and investing in mortgage REITs, thanks in part perhaps to divergent investor behavior in ETFs tracking the two sectors.

The conference gathers more than 3,000 people and features big name investors, mostly hedge fund types, sharing their investing tips in just 20 minutes each. All the money raised at their conferences (worldwide, now expanding into India) goes to fighting childhood cancers and helping its victims and survivors. Evan Sohn, brother of the deceased namesake of the charity, tells reporters at the conference that with today's conference they've now raised more than $70 million since 1995.

New York Giants quarterback Eli Manning made an appearance to support the new Sohn Manning Pediatric Cancer Survivor Program at Hackensack University Medical Center. Other speakers featured so far today include: Larry Robbins, Carson Block, John Khoury, Chamath Palihapitiya, Jeffrey Smith, Richard Deitz, and Stan Druckenmiller. Coming up soon will be Zachary Schreiber, Adam Fisher, David Einhorn, and James Chanos 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

5.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use