Thursday, 11 May 2017

Gundlach: Short the S&P 500 and Buy Emerging Market ETF

Jeff Gundlach recommends shorting the S&P 500 Index and going long on emerging market stocks despite conventional wisdom that rising U.S. rates will lead to a stronger dollar. Specifically, Gundlach recommended wagering long on the iShares MSCI Emerging Markets ETF and betting against the SPDR S&P 500 ETF. He also said it’s a myth that the

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