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Jeff Gundlach: "This Time It's Different" - Live Webcast
There can be only one bond king. And with Gross in cross-asset limbo, that means that the undisputed fixed income crown, for now, goes to the one true monrach Jeffrey Gundlach. And in a few moments, said fixed income royal will be discussing the economy, the markets and his outlook for what he believes may be the best investment strategies and sector allocations, in his latest webcast titled, to borrow Barron's latest headline, "This Time It's Different."
Look for Gundlach revising his 10Y forecast to 1% if and when crude crashes to $40, which at the current rate of liquidations should take place before Christmas.
Registration after the jump
Full Gundlach presentation below:
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The world can only end once
Bullshit. From who's perspective asshat? For folks in the middle east, it would seem that the world keeps "ending"?
What an arrogant fucking statement. Some dinosaur probably said the same thing.
So we have 8% real inflation and 2% GDP "growth". What's that tell you?
It tells me, as a member of the middle class, "NONE FOR YOU".
This isn't fucking hard to figure out at all.
that's why they had saudi's lower oil prices....to hide inflation by reducing price of America's #1 import....oil.
they don't want christmas shopping of chinese junk to stop just because your healthcare premiums jumped 10%
Santa Claus rally (i.e. - Bankster Bonus Time) will happen with the help of the FED!
Remember 2007? Wow, that was a good year! 2008-2009 was painful but we still got paid - and just look at the rally (bubble) since then!
Bonuses, champagne, and cigars all around! The FED, the Treasury, and .gov will bail us out 2X! This time for Grandma and Grandpa, the illegal immigrants, the "folks", and FOR THE CHILDREN of course!!!
Tell Guido to pick up the hookers and blow and prepare the smoke filled rooms!
I think there is a bit of a swoon comming perhaps 2-3%, the rest of this week through next week, and then it punches out the year at an all time high.
I think you nailed it. Craig Johnson (Piper Jaffray) has been bang-on for ~3 years now, and his call of 2100 by years-end will likely be met, if not exceeded. After that, who knows.
"...so spin that wheel, cut that pack,
and roll them loaded dice.
Bring on the dancin girls
and put the - champagne on ice.
I'm going in to sin city
I'm gonna win in sin city"
Tennessee Ernie Ford: 16 Tons:
https://www.youtube.com/watch?v=jIfu2A0ezq0
BUY BONDS!
WWII bonds, perhaps... or WWIII bonds...
Thanks for reminding me. Therefore, today's market drop must be a head-fake. Gotta get the market back up by Christmas. Baby wants a new swimming pool at the Hamptons house.
"Look for Gundlach revising his 10Y forecast to 1%"
a "bond king" would have known 10yr @ 1% been in the cards all along
Him and Cramer and Hussman. Just Do The Opposite.
Dear Mr. Cramer,
I am writing you because my dear departed husband invested in the bond market in 2006, and I am now in need for money to finance my retitrement. Perhaps the investment people at CNBC can help me cash in on these bonds. It's a famous and trusted company, Ernie told me, but when I try to find them in the phone book, they don't seem to be listed. Can you help me?
Sincerely,
Tess Trueheart
Dear Tess,
Thanks for contacting me. tell me the name of the investment brokerage and I'll be sure to help. I love old ladies.
Jim
Jim,
Thanks for writing me back. You're trustworthy, and I was always fond of men who talk quickly and get all red in the face!
I don't remember the name, but it had to do with a creature in the woods and the way my father was with his children. My memory's not too good, you know.
Tess
P.S.
I LOVED to rub my dead husband's bald head at night!
Dear Tess,
Here's some advice for you.
https://www.youtube.com/watch?v=-6u1kG7yuy4
Sincerely, Jeff (oops, Jim)
im tired. zh fleckenstein tice cost me a retirement, im tired of their bs while they get paid from mutual funds. im stupid I lost. dont want to hear another one f your moronic stories again.
R move thums.
stopp txting me.
im trired ov seeing bad scriptng.
screen's tooo small cant see big pics.
yore stupid, yoo lost. (space space) get sick of watching people whine.
chek out anastasia. hot bitchez w /big titties. Russian Munis (oops, cuties).
sent from my thumb-drive.
THIS TIME, IT'S DIFFERENT (or not).
The only thing worse than a bond bull is a dollar bull.
I am LONG US treasuries. Not bullish on them. I hate being bullish on anything although certainly I never saw an equity bull market I didn't love. This one more than any...
I never understood the preprogrammed edumacated 'terms' called 'bears' and 'bulls' used by the 'investors' (COWS) who are led to believe they are being 'smart'.
Bears shit in the woods, and bulls shit in their own pastures (they shit where they eat).
Bears mate for life, and bulls simply go out looking to fuck cows.
Bullshit and bearshit both smell about the same to a sentient human.
I guess that 'bears' are more familial (they protect what they have; like 'territory' or 'family'), and bulls just don't give a shit, trying to take what isn't theirs (including killing other bulls so they can fuck all the cows).
It's kind of strange, though; that bears eat MEAT and bulls eat GRASS. BEARS eat COWS, and BULLS fight with BEARS so they can FUCK the COWS (and shit and piss all over them when they're done). Sometimes the bear wins, and eats the bull, I guess.
I won't bore you with the homosexual contexts of the terms 'bull' and 'bear', though. MOST 'Wall Street Investors' already know these terms intimately (either from being in jail already, or meeting other men in bars while trying to drink their conscienses into oblivion).
Me too.
The difference I want to see?
Financial and government criminals being prosecuted.
It's the only change we really need.
It's not likely crude will hit $40 befpre Christmas, but it definitely will before 2015 is over. Crude has a long way yet to go.
http://www.globaldeflationnews.com/oil-light-sweet-crudeelliott-wave-upd...
Oh the charts, the charts!
Graph THIS one:
From 1933 until 1971, Gold was $35.00 an ounce. Before then it was fixed at $20.00 +- an ounce.
From 1971 until today, Gold is all over the fucking place (it rose almost $30.00 TODAY). Do a chart on this one.
Whose numbers (mind-numbing fucking numbers) is this guy using? I like the 'core CPI' one, particularly. I call BULLSHIT on this one.
When I was a kid, gasoline was $.269 per gallon, cigarrettes were $.45 a pack (of 20), and a loaf of GOOD bread was $.35. Rock Cornish game hens were $.59 each. A new car was about $3,200.00, with a 3-year loan, and houses averaged in the $18,000 range (with very few loans more than 15 years; most at 10 year notes, and a large percentage at 5-year notes). AND GOLD was $35.00 an ounce. I think Silver was a buck 78 or so.
The Interbank system was yet to be created, by the way. Passbook savings accounts paid an average of about 4.25% (with no minimum deposit required).
I am NOT all that old.
The 'square peg in a round hole' thingie was a simple test for infants, and those of limited mental capability, when I WAS A KID. NOW, of course, Wall Street investors need to take this test (according to the 'powerpoint presentation').
I wish that I had had the chance to listen to what this guy said.
Did he say 'buy my bond investment fund because I have charts that I drew and you should trust me; and I'll ALMOST assure that you'll get rich quick'? Perhaps he saved that for the last (thus attracting a small percentage of people who listened; into funding his glamorous plan). I don't really know, but experience tells me that this was probably the case. It is ALWAYS this way.
that would make a very interesting chart, well, it'd have to be a huge chart too just so one can see some price movements prior to 1971.
I may not be as old as some but I do remember how much things used to cost when I was a kid as well, I even know what it's called: price stability, and it'd last many years...
maybe it's not gold that's going crazy, maybe it's our fiat going crazy... maybe...