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Gundlach's 'free money' trade is already paying off

Gundlach said betting on more stock-market volatility was like "free money."

Jeff Gundlach has nailed it again — at least for now.

The CEO of DoubleLine Capital who's sometimes described as Wall Street's 'bond king', told CNBC on Tuesday that betting on more stock-market volatility was an easy way to make money.

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