Jeffrey Gundlach said he thinks Donald Trump will win re-elections because polls that show otherwise do not reflect true support for the president.
“Will Joe Biden beat Donald Trump in November? I do not think so, ”Gundlach said during a webcast for Tuesday night of his company. ‘I would bet on that. I think the interviews are very, very squishy because of the very toxic political environment in which we live. ”
Photographer: Alex Flynn / Bloomberg
After Biden’s choice of Senator Kamala Harris as his running mate, Gundlach said she was ‘a little too charismatic.’
“I do not think it is a good choice,” he said. “She’s maybe a little dominant with her personality.”
Gundlach said a lot could happen between now and election day. “I think there’s a lot of time here, there will be a lot of twists and turns,” he said.
Gundlach, who predicted Trump’s victory in 2016, has criticized Biden’s election prospects – and those of other Democratic candidates. In January, he said he did not think Biden would win the Democratic nomination, and in March he called him “unelectable.”
Other highlights from the presentation:
- Gundlach said he expects gold to remain higher in the trade despite current price declines.
- He said he would not be surprised to see the market return to its low of March.
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