Salient to Investors:

Jeffrey Gundlach at DoubleLine Capital said:

  • The Shanghai Composite Index is worth a speculation, but his favorite stock market long-term is India.
  • Yields on 10-yr US Treasuries may reach 2.65% this year.
  • Does not own any foreign currency bonds – the biggest risk in a rise in yields on German and French debt.
  • It is foolish to own currencies other than the US dollar
  • Prefers high-grade corporate and government bonds to junk debt.

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