Jeff Gundlach's Complete Ira Sohn Presentation

Tyler Durden's picture

One day after Jeff Gundlach delivered his Ira Sohn presentation, in which as we posted yesterday he pitched a SPY vs EEM pair trade, he was busy interacting on twitter with his brand new 10+ thousand followers, and also learning how to upload his profile picture as the following series of tweets reveals.

In the meantime, we have received reader requests to post Gundlach's full presentation from the Sohn conference due to some conflicting reports of what exactly he said. So, without further ado, here - in addition to our report on what he did say - is Gundlach's 31 page presentation.

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NoDebt's picture

I think FBI Director Comey just resigned.  If true, good riddance.

No offense to Jeff Gundlach.

 

serotonindumptruck's picture

After reading the news report on Yahoo about Gundlach's speech, one might conclude that he has become Public Enemy Number 1.

How dare he encourage the little people to short the S&P!

t0mmyBerg's picture

Not a call on the S&P.  It is really a call on the Dollar.  Dollar down, EEM/SPY up.

TeethVillage88s's picture

"There are No Facts only Interpretations". I like that. Hope I got it right.

TeethVillage88s's picture

"US Represents over 50% of Global Market Cap". = Empire Baby! Steward that WRC or face future rejection.

TeethVillage88s's picture

2010 Jim Richards said only 10% of GDP is Investments in USA.

If that is true... I'd like to back out the Foreign Investments in the USA. = Less than 5% of GDP is Domestic Investment... If that is TRUE, THEN what does it say about SPY?

If Foreign Ownership of Assets in the USA has reached critical point, then money can be sucked out of US Economy to add to Trade Deficit Negative 750 Billion Annually.

http://www.economist.com/node/21604509

http://www.bea.gov/newsreleases/international/intinv/iip_glance.htm

Money
http://research.stlouisfed.org/fred2/series/mult (Up to Date, but looks like Crap, eh?)
http://research.stlouisfed.org/fred2/series/M1V (M1 seems to increase with Mortgages)
http://research.stlouisfed.org/fred2/series/M2V (M2 seems to show different bubble perhaps)
http://research.stlouisfed.org/fred2/series/MZMV (MZM seems to show peak in Economy 1981)

DaBard51's picture

But... where are the robots? (Active v passive invesments)

 

 

 

 

When nine hundred years old you become, look this good you will not.

LittleMaestro's picture

I didnt undertand the Gundlach tweet. Why is he calling the reporting fake news? What's to misinterpret? He says to short SPY. Isn't that bearish?

I like the pair trade idea but I am nervous going long EEM if it includes a bunch of Chinese banks. 

Gideon's picture

He said short the derivative, not US stocks specifically but, sure that bet will play out the same either way. Also, he's 6 months late to the EM trade. Did anyone think the dollar belonged at $105? This guy's deck is sickening... 10 quotes as filler?

Gideon's picture

His posturing is as torturous as that china-man mustache.