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Gundlach Sees Commodities Outperforming in Late-Cycle Boom

Bloomberg business news

Goldman's Currie Sees Oil Prices 'Flat to Down'

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Jeffrey Gundlach, the billionaire bond manager, said commodities may be one of the best investments this year as they surge during the late phase of the economic cycle.

“I think commodities will outperform in 2018,” Gundlach said during his annual ‘Just Markets’ webcast on Tuesday, in which he gives his outlook for the coming year. “Commodities always rally sharply -- much more sharply than they have so far -- late in the business cycle as we lead into a recession.”