{"id":49575,"date":"2015-08-13T08:48:12","date_gmt":"2015-08-13T12:48:12","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=49575"},"modified":"2015-08-13T08:48:12","modified_gmt":"2015-08-13T12:48:12","slug":"gundlachs-warning-from-december-is-making-the-rounds-again","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2015\/gundlachs-warning-from-december-is-making-the-rounds-again.html","title":{"rendered":"Gundlach&#8217;s Warning From December is Making The Rounds Again"},"content":{"rendered":"<p>New York (HedgeCo.net) \u2013 Not many warning statements come back to life eight months after they were made, but a warning made by Doubleline Capital\u2019s Jeff Gundlach back in December is getting some renewed interest. In a presentation titled \u201cThis Time It\u2019s Different\u201d, Gundlach said he hoped oil didn\u2019t fall to $40 per barrel. <\/p>\n<p>In a recent Business Insider article, Gundlach was quoted from that presentation. &#8220;I hope it does not go to $40,&#8221; Gundlach said in a presentation, &#8220;because then something is very, very wrong with the world, not just the economy. The geopolitical consequences could be \u2014 to put it bluntly \u2014 terrifying.&#8221;<\/p>\n<p>After the Chinese government announced their plans to devalue the yuan on Tuesday, oil prices fell to under $43 per barrel for the first time since early 2009 and apparently that renewed interest to Gundlach\u2019s warning. Gundlach is known more for being one of the top bond traders in the hedge fund industry more so than for his predictions on oil, but in the December presentation, Gundlach stated that &#8220;If oil falls to around $40 a barrel, then I think the yield on 10-year Treasury note is going to 1%.&#8221;<\/p>\n<p>Considering the current yield on 10-year notes is around 2.13%, the idea of them getting cut in half is a scary thought.<\/p>\n<p>Rick Pendergraft<br \/>\nResearch Analyst<br \/>\nHedgeCoVest<br \/>\nView gallery<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) \u2013 Not many warning statements come back to life eight months after they were made, but a warning made by Doubleline Capital\u2019s Jeff Gundlach back in December is getting some renewed interest. In a presentation titled \u201cThis [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,3,16048],"tags":[],"class_list":["post-49575","post","type-post","status-publish","format-standard","hentry","category-hedgeco-networks-press-releases","category-hedgeco-news","category-hedgecovest-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/49575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=49575"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/49575\/revisions"}],"predecessor-version":[{"id":49576,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/49575\/revisions\/49576"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=49575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=49575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=49575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}