1:20 PM More on Gundlach: "Can you imagine (the President) walking around the U.S. saying 'I'm going to inflate. I want to inflate. My policy is inflation," he asks. That's what the President wants, says Gundlach, but at least he doesn't say it. In Japan, the PM is actually saying it.
He sees the yen (FXY) headed to 200 to the dollar (93.37 now). [Global & FX, Quick Ideas] 2 Comments
12:58 PM Jeff Gundlach is a renewed bull on bonds, buying "more long-term Treasurys (TLT) in the last month than in the last four years." The 10-year yield popped north of 2% in February and is back down to 1.87% at the moment. He remains short the yen and long the Nikkei. As for Apple - now below what seemed to be his absurd $425 target just a few months ago - there's no word if he's covered that bet. [U.S. Economy] 1 Comment
http://seekingalpha.com/currents/allPlus, more details:
http://mobile.reuters.com/article/idUSBRE9230US20130304?irpc=932
Comments