Join

Enter Details

Comment on stories, receive email newsletters & alerts.

@
This is your permanent identity for Business Insider Australia
Your email must be valid for account activation
Minimum of 8 standard keyboard characters

Subscribe

Email newsletters but will contain a brief summary of our top stories and news alerts.

Forgotten Password

Enter Details


Back to log in

Here's The Presentation Where Jeff Gundlach Dares To Compare The US To The Roman Empire

chart

Photo: DoubleLine

Jeff Gundlach just hosted a webcast with clients.  The title of his presentation: “The Decline and Fall of the Roman Empire.“Not surprisingly, Gundlach drew parallels between the U.S. and Ancient Rome.  Like the U.S., he noted that Rome had an insufficient tax system and a huge military budget.

Like Rome, the U.S. faces “persistence of a destitute underclass,” as reflected by the excruciatingly slow job recovery.

Gundlach’s talk included commentary on the year-to-date performance of markets as well as his outlook for the rest of the year.  He also alerted holders of Bank of America stock to sell immediately.

As usual, Gundlach’s presentation has all of the most important financial and economic charts you need to understand the world.

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.