Gundlach: Ignore Stocks, "There Is A Stealth Flight To Safety Going On"

Not only is the Trump rally over, but stocks are the last to get the memo. That's the current market summary according to DoubleLine's Jeff Gundlach who told Reuters that "there is a stealth flight to safety going on."
Among key indicators, Gundlach pointed to German Bunds and especially Schatz (2Yr), noting that "German bond yields are leading the way down," adding that "Gold is rising." He also warned that "speculators remain massively short bonds and the market is going to squeeze them out."