CEO of DoubleLine Capital Jeffrey Gundlach says the recently announced presidential run by former Starbucks CEO Howard Schultz will probably be short-lived. Gundlach, who was ahead of the pack in anticipating a Trump presidential win in 2016, says the former coffee magnate lacks the physical constitution for a head to head battle against Trump. He told Yahoo Finance: “I’m not sure he’s going to have the stomach for this. I still think it’s quite possible that Howard Schultz just disappears.” Gundlach suggested a lack of political nous right out the gates on the part of Schultz, whose ‘nice, gentle’ announcement
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