The de facto rate tightening of recent weeks is unsustainable, Jeff Gundlach says, and the U.S....

|By:, SA News Editor

The de facto rate tightening of recent weeks is unsustainable, Jeff Gundlach says, and the U.S. economy "can't handle" much more of it. Yet deflation remains more likely than inflation in the next two years, he says, and the current bond sell-off is a buying opportunity: “This is not the time to be selling bonds and buying stocks. This is the time to do the opposite.”