• Samba 65 00% 56.65%
    Joga2002 635.254 50% 63.63%
    Bra52 69 23.145% -63.25%
    Joga2002 635.254 50% 63.63%
  • HangSang20 370 400% -20%
    NasDaq4 33 00% 36%
    S&P5002 60 50% 10%
    HangSang20 370 400% -20%
    Dow17 56.23 41.89% -2.635%

EghtesadOnline: DoubleLine Capital Chief Executive Jeffrey Gundlach, one of the few money managers to predict the election of Donald Trump, says the president probably wouldn’t resign unless his popularity falls much further.

“I think Trump will not resign unless his favorability drops below 20, and that is not a very high odds outcome,” Gundlach, whose Los Angeles-based firm oversees about $111 billion, said Friday in an emailed response to questions.

Trump’s job approval rating is at 39 percent, according to a compilation of recent polls by Real Clear Politics. That’s down from 44 percent when he was inaugurated in January, according to Bloomberg.

Gundlach said early last year that he expected Trump to win the election because the country was ready for a change.


Donald Trump Jeffrey Gundlach DoubleLine Capital