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When I said at the time that Trump would win in 2016, I also said that if you think 2016 is strange, you can wait to see what 2020 will be like. And well, if you think 2020 is strange, then wait. What will it be like in 2024. They haven’t seen anything yet!
said Jeffrey Gundlach, also known as the king of bonds, at a conference this week.
The guru anticipates that economic inequality will increase in the coming years, leading to a kind of revolution by 2027, and with the 2024 American presidential elections, massive social, economic and political changes will come.
Contrary to current poll results, Gundlach expects Donald Trump to win the presidential election as he did in 2016, adding that he is now less convinced of this than in 2016, but believes Trump will win in the end.
While many see Trump’s re-election as a risk to markets and global stability, Gundlach sees it differently:
Many may not like Trump or his politics, but it is not the risk it poses, but the presidency of another party, especially if the candidate of that party does not even reveal his position on certain issues. It represents.
The bond king also spoke of not liking Republicans or Democrats, so he is not speaking from a political position.
(Market watch)
Cover image: 2015 CNBC Media, LLC
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