DoubleLine’s Gundlach: Short the S&P, Go Long on Emerging Markets

Speaking from the Sohn investment conference in New York, DoubleLine Capital’s CEO and chief investment officer Jeff Gundlach said he is long the iShares MSCI Emerging Markets Index ETF (NYSEARCA: EEM) and is shorting the SPDR S&P 500 ETF Trust (NYSEARCA: SPY). And should emerging markets outperform US markets, he said this will also have other investing implications: “When emerging markets outperform the S&P 500, active is outperforming the S&P 500.”

Gundlach last rocked the conference with his accurate prediction that Donald Trump eventually would win the presidency.

To read the accompanied article, Jeff Gundlach makes bets against U.S. stocks, for emerging markets, go to the website of CNBC.

Similar Posts:

• Aberdeen CEO: Stick With the Emerging Markets (CNBC)
• British Investment Managers Increase Their Emerging Market Bets (Reuters)
• Why Emerging Markets Are Back in Style for Investors (Breakout)
• Invest in Poorer Performing Emerging Markets for Better Gains? (CNBC)
• How to Use ETFs to Target Emerging Markets (CNBC)
• Getting Bullish on Brazilian Consumer Stocks (CNBC)
• Don’t Invest in Countries With Strong GDP Growth? (GMO LLC)
• Lazard Emerging Markets Fund Manager: Full-blown Financial Crisis in China is Unlikely (FE Trustnet)
• Changing Investor Attitudes About Emerging Markets (CNBC)
• The State of Big Emerging Markets on One Giant Map (BI)