LIVE: Jeff Gundlach's presentation on markets and the economy titled 'drain the swamp'
It's titled "drain the swamp." That's a direct quote from President-elect Donald Trump, who promised to reform ethics in Washington by not relying on career lobbyists and party insiders. Some of Trump's top cabinet picks have included former Goldman Sachs staffers, CEOs, and politicians.
Gundlach was one of the only strategists to correctly forecast that Trump would win. In a webcast last month, he said Americans' discontent with wage growth, income inequality and Obamacare were among the reasons why Trump unexpectedly won.
Gundlach's bearish view on the bond market is also playing out. Before other strategists called the end of the 30-year bull market, he said it was time to be defensive on bonds, and that interest rates had bottomed.
We'll update this post highlights and charts from Gundlach's presentation, so refresh for updates.
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