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Jeff Gundlach said Monday he has a pair trade betting on further gains for emerging markets and against U.S. stocks.
The CEO and chief investment officer at DoubleLine Capital was speaking from the Sohn investment conference in New York.
In an eclectic presentation that meandered from philosopher Friedrich Nietzsche to early 20th century art to the misnomer of "passive" investing, Gundlach came around to the notion that emerging markets likely will be outperforming the U.S.
Should that happen, it also has other investing implications, he said.