Bond King Says Trump Might Drop Out of 2020 Election if Economy Falters
By CCN Markets: Even though Donald Trump kicked off his 2020 presidential campaign last night in Florida in front of a crowd of roughly 20,000, Wall Street isn’t entirely convinced that he’s committed. Jeffrey Gundlach, who is nicknamed the Bond King and whose firm DoubleLine Capital oversees $115 billion in AUM, told Fox Business that there’s a chance the president could change his mind. “If the economy goes into recession, and he can’t pull it out by removing the tariffs, there’s very little for him to run on.” Dropping Out Is Not Unheard Of While dropping out of a presidential
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Source: Bitcoin CNN