Why Gundlach says it’s a very unusual market — and what bonds he likes now
1. Emerging markets bonds benefit from a weakening dollar and lower debt. 2. Gundlach notes unexpected dollar weakness during risk-off environments. 3. Forecasts inflation around 3%, suggesting potential monetary policy shifts. 4. Hints at possible negative interest rates due to future Fed leadership changes. 5. Recommends 20% allocation in local currency emerging market bonds.