Jeff Gundlach's Hot New Trade Idea Had Another Disastrous Day

Since we’ve been tracking the out-there, contrarian calls from fund manager Jeff Gundlach, we just wanted to point this out…

For the second straight day yesterday, his long Spain/short US trade was a disaster, losing about 2%.

As you can see, it’s really just gotten mauled since he first brought it up at a conference in mid May.

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