Jeff Gundlach joins the video below at the 3:25 mark to offer his respected opinion.
Some of the observations from Gundlach include:
- There is little chance of a June interest rate hike as economic data has sputtered.
- He believes that there is only a 50% chance of a rate hike this year at all.
- The next bond market crisis is going to be in junk bonds because everyone participating in the junk bond market has never experienced anything but a secular interest rate decline.
