
The Name's Bond Financial Bond
Right let's get down to business. Seems the world of finance is in a spot of bother more so than usual I might add. Jeffrey Gundlach the so called 'Bond King' (a title I find rather amusing really) is predicting a rather nasty downturn in the stock market. Apparently President Trump's tariff antics are ruffling more than a few feathers – and not the kind you'd find in a villain's lair mind you. It appears that we are as Mr. Gundlach put it 'in the middle innings of this thing'. I must say it does sound a bit like a game of Russian Roulette doesn't it?
A Licence to Hoard
Gundlach is advising investors to hold onto their cash a strategy that even Goldfinger would find prudent. He's waiting for a 'sustained bottom,' a phrase that sounds suspiciously like something one might encounter while scuba diving for sunken treasure. His target for the S&P 500? A measly 4,500. That's another 11% drop from the already unsettling numbers we're seeing. If you ask me it's enough to make one reach for a stiff Martini – shaken not stirred naturally.
Trump's Gamble: Risky Business
It seems our friend Donald is playing a high stakes game of poker and the rest of us are merely pawns in his geopolitical strategy. Mr. Gundlach believes Trump won't back down from his tariffs leaving investors in a state of uncertainty for weeks if not months. 'He's keeping people guessing,' Gundlach notes. A trait I know all too well from dealing with megalomaniacs bent on world domination. However instead of diamonds they are fighting over Dollars.
The White House Strikes Back (Sort Of)
Meanwhile the White House remains defiant as if the unraveling markets are merely a minor inconvenience. The tariffs are still set to take effect and Trump is even threatening Beijing with higher taxes. It's all rather reminiscent of a Bond villain's elaborate scheme complete with threats and counter threats. 'Do you expect me to talk?' 'No Mr. Bond I expect you to buy!'...or is it sell?
Never Say Never...Unless It's to a Market Crash
Now I'm no economist but even I can see that this situation is more volatile than a SPECTRE convention. Gundlach's advice to hold cash is sound though I might add a little gold and diamonds to the mix just for good measure. After all one never knows when a sudden market collapse might require a quick getaway and a change of identity. As Q always says 'Always have an escape plan 007.'
The World Is Not Enough (For My Portfolio)
So what's a suave international man of mystery to do? Stay informed my friends and perhaps hedge your bets with a few well placed investments in companies that can weather the storm. And of course keep a close eye on the global stage. After all as Auric Goldfinger once said 'Once is happenstance. Twice is coincidence. Three times is enemy action.' And this my friends is looking suspiciously like enemy action on a grand scale. Now if you'll excuse me I have a Martini to attend to. The world isn't going to save itself after all.
samara_shaz@hotmail.com
Maybe we should all move to a secret volcano lair.
mburkhard
Is this really worse than the time Blofeld tried to corner the oil market?
sandysakiyabu
I'm blaming Blofeld for this too!
caliman78
Thanks for the insight, Mr. Bond. Always a pleasure to hear your take.
asasqs
I'm loading up on canned goods and bottled water.
chase195
Just another day at the office in the world of finance.
eshoes
Should I be selling my Aston Martin now?