10 spot-on predictions by Jeffrey Gundlach
The date
April 2011
The details
While legendary bond manager Bill Gross was shunning Treasurys, along with just about every other big bond manager, Mr. Gundlach was predicting a rally. “I am not in the camp that believes Treasury rates are about to rocket higher because of the end of QE2,” he said on a conference call with investors in the spring of 2011. “I think just the opposite, actually.” As the debt ceiling debate unfolded and Standard & Poor's downgraded the U.S. debt, Treasurys took off. It prompted Mr. Gross to write his famous mea culpa that apologized to investors.
(Story: Jason Kephart)