Late To Be Buying ‘Trump Trade’ As Market Momentum Wanes, Says Gundlach

(FinAlternatives) DoubleLine’s Jeff Gundlach warned on Thursday that the momentum seen in financial markets since the election is “losing steam” and could reverse, perhaps no later than Trump’s January 20 inauguration. Explaining that it was too late to be buying what he termed the “Trump Trade,” Gundlach added that over the short-term, stocks, the dollar and yields have peaked while gold is going to rise.

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