GUNDLACH'S 'FREE MONEY' TRADE IS ALREADY PAYING OFF

Jeff Gundlach has nailed it again — at least for now.  The CEO of DoubleLine Capital who's sometimes described as Wall Street's 'bond king', told CNBC on Tuesday that betting on more stock-market volatility was an easy way to make money.  "I think going long the VIX is really sort of free money at a 9.80 VIX level today," Gundlach said, referring to the CBOE's Volatility Index. Described as the fear gauge, it tends to ...

BusinessInsider (Date:08/14/2017 04:48) Read full article >>

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