Gundlach’s “Bagholder” Warning Misses This 10.6% Income Machine
Brett Owens, Chief Investment StrategistUpdated: May 13, 2026
“Merci beaucoup,” your dividend strategist said as he handed three suitcases to his to-the-Paris-airport Uber driver. (I was very proud of myself. Eight days and basically Parisian…)
“Francais?” the driver called my bluff.
“Ah no,” I admitted, hands up, waving off the offer. “She does!” I quickly scapegoated my wife. Who, to her credit, speaks French reasonably well. But the driver was flying with his urgent ask.
Fortunately for phones. She didn’t know what he was asking either, but his phone was translating into English in real time:
There is a bug in my application. Can we cancel the ride?
Then he punched a number into a calculator.… Read more




