DoubleLine Capital’s Jeffrey Gundlach said Tuesday that the S&P 500 had 20 percent downside and gold could rally to $1,400 an ounce. So how do you capitalize on these predictions from one of the most followed prognosticators on Wall Street?
Using hedge fund analytics tool Kensho, we searched for all the times in the last seven years when the S&P 500 declined 10 percent or more in one month. And then we looked at all the times gold rose 10 percent or more in one month.
Here is a selection of the more interesting movers during the Gundlach scenario: