Bond God Jeff Gundlach Explains The Three Huge Risks Facing The Economy

gundlach

Bond god Jeff Gundlach was just on CNBC.

On the key issue of munis, he thinks there’s a great chance that long-term munis offer a great reward.

In the meantime, there may be some risks, if only because a lot of muni owners will be selling.

He sees three threats:

  • It’s clear that the Europe crisis is going to happen over and over again.
  • However states solve their fiscal items — tax hikes or spending cuts — that’s money coming out of the economy.
  • Meanwhile, commodity prices are higher.

Click here for the World Economic Forum’s guide to major economies risks >

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