Billionaire"bond king" Jeffrey Gundlach expects the stock market to fall from its"lofty" perch as he warned of corporate credit downgrades and a rise in white-collar layoffs on Tuesday.
"I certainly do expect that Jay Powell would follow through on controlling the yield curve should the 30-year rate really get unhinged," Gundlach said.The stock market is likely to fall from its"lofty" perch alongside waves of corporate credit downgrades and white-collar unemployment, Jeffrey Gundlach, founder and chief executive of DoubleLine Capital,Describing the market as overinflated, he said he thinks the market falling is a"pretty good bet.
"What people may have learned for white-collar services jobs in particular during the work-from-home lockdown situation ... I kind of learned who was really doing the work and who wasn't really doing as much work as it looked like on paper that they might have been," he said. Gundlach also said that traders think Powell is"Superman," and that the chairman will keep the fed funds rate at zero for the next two years.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
It's a False-Dawn economy!
No! Stocks only go UP!
Every asset bubble has a breaking point.
Wow, I predict it will go up, I predict it will fall. Either choice you're always right, it is all a perspective of the window of time.
Burundi President Pierre Nkurunziza, 55, died last night from and cardiac arrest, the. First Lady Denise was airlifted to Nairobi 10 days ago, reportedly ill with coronavirus leading some to speculate Nkurunziza too might have been infected Covid_19
Everyone has an opinion. 🙄
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
DoubleLine's Gundlach bearish on U.S. dollar, says stocks 'lofty'The U.S. dollar is unlikely to make significant moves higher in the near term because of the ballooning budget deficit, Jeffrey Gundlach, the billionaire chief executive of DoubleLine Capital, said on a webcast presentation on Tuesday. Hmm... wheres the recession that the experts were talking about? Oops.
Fuente: Reuters - 🏆 2. / 97 Leer más »
Bond king Jeffrey Gundlach on where the market is headed, makes big calls on gold, dollarNew for subscribers: Bond king Jeffrey Gundlach on where the market is headed, makes big calls on gold, dollar Check out CNBCPro for a free trial. Pro I love ppl who buy physical gold it’s a great moron indicator Pro Once the deficit spending spree runs its course its gonna crash hard Pro Gundlach went heavy short at SPX 2860
Fuente: CNBC - 🏆 12. / 72 Leer más »
Here’s the only thing investors need to know about the stock market right now, says 50-year veteranCapital Wealth’s market strategist Jeffrey Saut sticks to his call that stocks are in the midst of a secular bull market that started in 2009 and has up to... Yeah BUBBLE Govt policy stacked toward interests of the rich its time for polciies that favor the majority. BLM should declare a candidate for President use this momentum for long term change Based on fundamentals of course
Fuente: MarketWatch - 🏆 3. / 97 Leer más »
EU says UK trade talks will shape bloc's stock marketThe European Union will only decide how to reform its share trading rules once it knows whether exchanges in Britain will have access to the bloc after a post-Brexit transition period ends in December, a senior EU official said on Tuesday. someone explain to me what 'bloc's stock market ' is like im 5yo, pls thanks In Obama And Clinton's Democratic area. New report shows that 64% of civilian complaints against NYPD officers were filed by or on behalf of young black people ages 8 to 18 who claimed to have been mistreated after being stopped for innocuous activities like high-fiving ect.....
Fuente: Reuters - 🏆 2. / 97 Leer más »