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'This is a magic moment:' Here's Jeff Gundlach's full presentation on markets and the economy in 2018

2 days ago   |   By

Reuters / Jessica Rinaldi
The stock market is likely to end its record streak of positive returns this year, according to Jeffrey Gundlach, the founder of DoubleLine Capital.
During his "Just Markets" webcast with investors on Tuesday, Gundlach forecast that the S&P 500 would end 2018 without a positive total return. Last year was the market's ninth in a row, the longest on record.
But don't count Gundlach among those forecasting a US recession any time soon. No economic indicator that typically sends a recession signal is flashing one right now. "This is a magic moment," Gundlach said.
On...
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