I listened to Jeffrey Gundlach's presentation yesterday and I want to share with you some smart points he has made:
- It is way late to be selling bonds and buying stocks. Probably you should be doing the opposite;
- We are likely at a short-term peak in 10-year yields;
- Yields will not go much higher in the short term, Jeffrey said he is buying bonds on down days;
- The U.S. Dollar will likely break out to the upside but the trade location here is terrible for long entries;
- It is very unlikely that Crude oil goes below 40 dollars a barrel;
- Donald Trump would have lost the election if Twitter did not exist.