Gundlach Sees Inflation Above 2% Next Year After Hitting Trough
- Underperformance of small cap stocks may be ending, he says
- FAANGs, Microsoft are breaking down as market’s ‘generals’
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Inflation will likely trough in the next several months and may rise above 2% next year, according to Jeffrey Gundlach.
It may range from 2.25% to 2.4% in 2021, Gundlach said Tuesday on a webcast for his flagship DoubleLine Total Return Bond Fund.