Global Markets Brace as Bond King Gundlach Declares: ‘Something Will Break’
Jeffrey Gundlach—super-investor, bond oracle, and the man whose permabear scowl has become a kind of global mood ring—has once again wrapped the planet’s financial mandarins around his little finger. From Tokyo’s Ministry of Finance to a Berlin pension fund that still thinks 2 % is a “decent yield,” traders refreshed their browsers at 3 a.m….