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Bond King Says Trump Might Drop Out of 2020 Election if Economy Falters

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By CCN Markets: Even though Donald Trump kicked off his 2020 presidential campaign last night in Florida in front of a crowd of roughly 20,000, Wall Street isn’t entirely convinced that he’s committed. Jeffrey Gundlach, who is nicknamed the Bond King and whose firm DoubleLine Capital oversees $115 billion in AUM, told Fox Business that there’s a chance the president could change his mind. And while the campaign is launched, Gundlach suggests that Trump might not run, after all, adding: “If the economy goes into recession, and he can’t pull it out by removing the tariffs, there’s very little for

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* First published on ccn.com

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