DoubleLine Capital CEO Jeff Gundlach said Monday that we can expect emerging markets to continue outperforming the S&P, reports CNBC.
More specifically he said he is long the iShares MSCI Emerging Market ETF and short the SPDR S&P 500 ETF.
He added that “when emerging markets outperform the S&P 500, active is outperforming the S&P 500.” Going so far as to say that investors can take index funds and “throw them out the window.”