DoubleLine Funds Jeffrey Gundlach unveiled his 2015 outlook for the economy and financial markets on Tuesday.
In a public webcast, he advanced three charts that backs up his bear-case for stocks.
US stocks have never rallied seven years in a row, and we've just entered year seven of the current bull run.
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Margin debt is near record highs. In other words, that means traders are borrowing record amounts of money to bid up stocks. This makes the market sensitive to sell-offs.
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The Federal Reserve is scaling back stimulus. Specifically, its most recent round of quantitative easing is over. "This has been a predictable headwind, and we're facing it again," Gundlach said.
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