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)
• Emerging Market Monitor: Hit by the Trump Trade (Pictet Asset Management)
• How to Use ETFs to Target Emerging Markets (CNBC)
• Why Emerging Markets Are Back in Style for Investors (Breakout)
• Invest in Poorer Performing Emerging Markets for Better Gains? (CNBC)
• The Mexican Peso as a US Election Barometer (Bloomberg)
• Getting Bullish on Brazilian Consumer Stocks (CNBC)
• The Trump Curveball: This Is What China Didn’t Expect (National Interest)
• China Self-driving Sector Shifts Into Top Gear (The Asset)
• Frontier Markets Are a Backdoor Oil Trade (CNBC)
• Don’t Invest in Countries With Strong GDP Growth? (GMO LLC)
• Mexico’s Trumpian Populist Pushes “Mexican People First” (Politico)
• Changing Investor Attitudes About Emerging Markets (CNBC)
• Copper ETFs Rally on Economic Recovery, Chile Supply Concerns (NASDAQ)