Jeffrey Gundlach, also known as “the Bond King,” is the founder and CEO of DoubleLine Capital, and a major contributor to the Albright-Knox Art Gallery in Buffalo, New York. He has 125,700 Twitter followers. (His remarks are taken from his March 31 webcast.)
What’s Next for the Economy?
We are going to have changes in the way the global economy interweaves and how people work, … less connected to globalization and … [more about] bringing manufacturing back [to the U.S.].
The biggest winner — ultimately — could be the American economy after it goes through a tough patch, because [it] is seriously malfunctioning … as we’ve outsourced everything and created this huge trade [im]balance situation.