DoubleLine Capital CEO Jeff Gundlach told Bloomberg Television’s Erik Schatzker and Stephanie Ruhle on “Market Makers” today that “investors should be holding cash” in this environment. See the full video here.
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Gundlach said that risk assets have “diminishing returns” on each round of QE and “it’s almost like a half-life of a radioactive particle.” Investors shouldn’t turn to risky assets as a “Pavlovian response.” Gundlach also said that, “I don’t see a lot of value in the U.S. stock market and I think you have to play it safe in the U.S. bond market.”
DoubleLine Capital CEO Jeff Gundlach told Bloomberg Television’s Erik Schatzker and Stephanie Ruhle on “Market Makers” today that “investors should be holding cash” in this environment. See the full video here.
Click here to find out more!
Gundlach said that risk assets have “diminishing returns” on each round of QE and “it’s almost like a half-life of a radioactive particle.” Investors shouldn’t turn to risky assets as a “Pavlovian response.” Gundlach also said that, “I don’t see a lot of value in the U.S. stock market and I think you have to play it safe in the U.S. bond market.”
http://pragcap.com/gundlach-investors-should-stick-to-cash
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