DoubleLine Capital CEO Jeffrey Gundlach.CNBC/Getty Images Jeffrey Gundlach compared the AI-fueled boom in stocks to the dot-com bubble. DoubleLine Capital’s billionaire CEO predicted sticky inflation and an economic slump. Two other market gurus, Bill Gross and John Hussman, warned of extreme stock valuations this week. Jeffrey Gundlach has warned the AI-crazed stock market reminds him […]
(Bloomberg) — Personal Consumption Expenditures are much more important than the Consumer Price Index at this time after today’s CPI came “back to bite” the Federal Reserve, DoubleLine Capital’s Jeffrey Gundlach told CNBC in an interview. Most Read from Bloomberg PCE, which comes out Feb. 29, “cannot go up and have the Fed talking about […]
Several market experts predict stocks will falter and a recession will strike.David Karp/AP The S&P 500 is trading near all-time highs as markets have shrugged off economic fears. Some top investors and economists are still warning stocks will drop and a recession will strike. Here’s what Jeremy Grantham, David Rosenberg, Jeffrey Gundlach, and Gary Shilling […]
Jeffrey Gundlach.Richard Drew/AP Jeffrey Gundlach is wary of stocks at current valuations, and expects a recession to hit. The elite investor said the inverted yield curve and leading economic data signal problems ahead. The DoubleLine Capital CEO is setting aside cash to buy bargains in markets like India and Japan. Billionaire investor Jeffrey Gundlach prefers […]