Bond king Gundlach:
"Mr Gundlach predicts Trump will win the White House if his nomination is confirmed at the Republican convention, and reckons defence stocks will do well as a result.
“Trump is very squishy on ideas and offers different, even contradictory ideas week-to-week. But two things that he has said clearly and consistently are build a wall and build the defence. I think that Trump would have much higher deficit; he talks about leaving social security completely alone, cutting taxes and spending a lot of money. Donald Trump’s a debt guy, he knows about borrowing a lot of money.”"==== from ft.com
"Mr Gundlach predicts Trump will win the White House if his nomination is confirmed at the Republican convention, and reckons defence stocks will do well as a result.
“Trump is very squishy on ideas and offers different, even contradictory ideas week-to-week. But two things that he has said clearly and consistently are build a wall and build the defence. I think that Trump would have much higher deficit; he talks about leaving social security completely alone, cutting taxes and spending a lot of money. Donald Trump’s a debt guy, he knows about borrowing a lot of money.”"==== from ft.com