Trump could withdraw from the 2020 presidential election: & # 39; Bond King & # 39; Jeffrey Gundlach

The so-called Bond King Jeffrey Gundlach gave FOX Business a very bold premise for the 2020 presidential election, suggesting that there is a possibility that President Trump may not even run for re-election.

"I'm not even sure he's going to drive," said Gundlach, co-founder and CEO of DoubleLine Capital, during an exclusive interview with Neil Cavuto on Wednesday.


Gundlach added that the president's second term will be determined by the success of the US economy.

"If the economy goes into recession and he can't pull out by clearing the charges, it's very little for him to continue," he said.

Trump launched its 2020 election campaign on Tuesday night before a packed crowd in Orlando's Amway Center arena. The president speculated the economy during his administration as "the envy of the world."

"Our country is shooting at incredible new heights," he said. "Our economy is the envy of the world, perhaps the largest economy we have had in our country's history, and as long as you keep this team in place ̵[ads1]1; we have a great way to go – our future never has


Gundlach said, as long as the economy does not fall, Trump will win re-election. But he warns, there is a chance that Trump may withdraw from the presidential election.

"Lyndon Johnson ran for a while too and pulled out because of the war problems, "Gundlach said.

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