That brings in former South Bend Mayor Pete Buttigieg, the “best candidate on his feet since Ronald Reagan.” Buttigieg’s biggest problem may be that he is 37 years old but looks 21, like “he is running for student council president,” Gundlach comments.
As for former New York Mayor Michael Bloomberg. Gundlach doesn’t believe the job of New York mayor is a good stepping stone to presidency. Though Gundlach didn’t say it, another former mayor, Rudy Giuliani, might agree. Gundlach also said Bloomberg’s comments that he likes regressive taxes on the poor because it gives society a chance to modify their behavior in areas like soda consumption aren’t going to be received favorably by the American public.
That leaves the Democrats with their strongest candidate in his view, former Secretary of State Hillary Clinton. However, Gundlach doubts she’ll enter the race.
So the best case scenario is that President Trump is re-elected, like about 70% of sitting presidents. Gundlach said that what Trump really has going for him is that “the Democratic race is a complete mess.”