‘Bond King’ Jeffrey Gundlach warns against trying to prevent a downturn

MarketsInsider/Theron Mohamed/2-22-2023

“Gundlach — whose nickname is the ‘Bond King’ — is a billionaire investor and the boss of DoubleLine Capital. He warned stocks may come under pressure, loan defaults might surge, and inflation could prove stubborn.”

USAGOLD note: Always good to stay abreast Gundlach’s thinking……… This article includes ten direct quotes from the widely-followed hedge fund manager. Preventing a downturn, he says, can result in something even worse down the road. On the hard landing, soft landing, no landing debate he offers some down home advice: “It won’t matter if it’s raining a half an inch an hour, or raining two inches an hour — in either case you need an umbrella.”