Gundlach Says Fed Has Potential to Cut by 50 BP After Election

DoubleLine Capital’s Jeffrey Gundlach tells CNBC that the Federal Reserve has more potential to cut by 50 basis points after the coming US election.

• Gundlach said he expects to see weaker economic data in the coming reports
• He adds that it might be time to start upping investment in emerging markets
• Gundlach also adds that the wild card for the US economy is what will happen in the housing market

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Kenneth Hughes in New York at khughes51@bloomberg.net

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Max Zimmerman at mzimmerman90@bloomberg.net

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