Having been proven correct – so far – on his December 2017 prediction that the best performing asset class of 2018 will be commodities, DoubleLine CEO Jeff Gundlach is holding another monthly webcast that that is open to all who care to listen.
Readers who wish to listen, can do so after registering by clicking on the slide below (or clicking here).
The presentation starts with the question everyone would like the answer to: is a recession coming? As the charts below suggest, Gundlach is not too worried, at least not now, but things will change as we approach the end of 2018.
Still, as Gundlach notes, “Everybody knows that there has been some slowdown in growth” and adds that “peak momentum in the economy may be behind us.”
Gundlach: “there has been a sharp decline recently in soft data in addition to a slowdown in the hard data. We’ve got to start paying close attention to the data”
via RSS https://ift.tt/2ru9F6t Tyler Durden