‘Bond King’ Jeffrey Gundlach warns of ‘demons on the horizon’ for stocks

Jeffrey Gundlach.Richard Drew/AP

  • Stock investors aren’t paying attention to “demons on the horizon,” Jeffrey Gundlach says.

  • The DoubleLine Capital boss sees a recession next year as companies and consumers feel the squeeze.

  • Gundlach warns that government spending during the next downturn could devastate the US dollar.

Jeffrey Gundlach issued a slew of warnings about the stock market, the US dollar, and an upcoming recession during the Future Proof conference last week.

The S&P 500 and Nasdaq…

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