I actually like Gundlach, unfortunately almost any guru predicting anything positive for pm’s gets left in the dustbin of history.
So after a typical weak one day rally, the USD rips higher, 10 yr. rates look like they’re above 3% for awhile and of course pm’s get dumped
Probably more OpEx shenanigans
SM could be in trouble, but doubtful that it will be good for pm’s as predicted by many
The nightmare continues…