Business

Nearly three months after his last public address to investors, today "Bond King" Jeffrey Gundlach, CEO and CIO of DoubleLine Capital will host his latest free to the public webcast on the DoubleLine Total Return Fund titled, with with what we assume is a fair dose of sarcasm, "So Far So Good".

The webcast will start at 4:15 pm Eastern/1:15 pm Pacific today.

To resiter for the webcast, click on the image or this link.

The full slides are below:

http://www.scribd.com/embeds/366413139/content

Today was a day in the upside-down: Banks underperformed Tech; High tax underperformed Low tax; Momo outperformed Value; Nasdaq outperformed S&P; and VIX down with stocks down...

Just two weeks ago, Bank of America's Chief Investment Strategist Michael Hartnett came out with what was more or less the most apocalyptic big bank forecast for the coming year. In it, he predicted that the market would not only peak in the first half of 2018, and that there would be a flash crash "a la 1987/1994/1998" in just a few months.

Authored by Tom Luongo,

I’ve been asked by a few subscribers to further discuss the potential effect of the major exchanges starting up futures trading in Bitcoin.  Last month the CME Group and the CBOE – Chicago Board of Exchange — announced they would begin trading futures contracts in Bitcoin due to popular demand.

image courtesy of CoinTelegraph

The bubble in sovereign bonds is looking dangerously close to popping.

And ironically, what could burst it is the very thing Central Banks have been pursuing aggressively for the last 9 years: inflation.

As I explain in my bestselling book The Everything Bubble, Treasury yields adjust to account for inflation. The relationship is not perfect as bonds are also priced based on economic activity. However, the fact remains, if the rate of inflation spikes, Treasury yields rise as well to account for this.

You can see this in the chart below: