2020 market forecast, investing recommendation from Jeffrey Gundlach – Business Insider

<script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script>
(adsbygoogle = window.adsbygoogle || []).push({
google_ad_client: "ca-pub-9157534753274200",
enable_page_level_ads: true

Jeffrey Gundlach — the CEO and chief investment officer of DoubleLine Capital — shares an investment setup happening right now that’s historically rewarded patient investors.Prior to this instance, it’s occurred just two other times in the last century.Gundlach says the US dollar “should weaken” in the near future — a core expectation that helps dictate some of his other forecasts.Unrelated to the his US dollar forecast, Gundlach says bitcoin will climb as high as $15,000 in 2020. The prediction comes on the heels of his spot-on bitcoin forecast for 2019.Click here for more BI Prime stories.It was hard to lose money in 2019. The S&P 500 returned 29%, emerging market stocks gained 15%, oil increased 34%, gold swelled by 19%, and US bonds climbed 8.7% in aggregate. Still, many experts say the
Read More

Leave your vote

0 points
Upvote Downvote