Bond Guru Jeff Gundlach Tells Us Where Interest Rates and Apple's Stock Price Are Going

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Jun 04, 2013


Jeff Gundlach pretty much had the call of 2012 about this time last year when he suggested shorting Apple (AAPL) and going long natural gas. He nailed both sides of that trade.

Today he tells us that he sees interest rates going higher in the near and medium term, but not a whole lot.

He also thinks that commodity prices may be about to break down.

Gundlach also made a very prescient call on getting long Japanese equities last fall. He was very surprised how far and how fast the Japanese market went up. He isn't surprised that the market has since decreased and thinks that the Japanese market is a buy in the mid 12,000s.