Jeffrey Gundlach says the stock market was and still is in a bear market

  • 📰 CNBC
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

After a stellar rebound, Jeffrey Gundlach still thinks stocks are in a bear market.

div > div.group > p:first-child"> "The stock market was and still in a bear market," the founder and chief executive officer of Doubleline Capital said in an investor webcast on Tuesday. He also said stocks could go negative again in 2019.

Stocks have staged a strong comeback from the massive December sell-off with the S&P 500 gaining nearly 19 percent from Christmas Eve low and more than 11 percent year to date. Gundlach credited the market rebound to the"180-degree turn" from the Federal Reserve. Fed Chairman Jerome Powell recently signaled a"patient" approach to rate hikes and said the central bank is prepared to 'adjust' balance sheet unwind if needed. The Fed chief rattled investors in December when he described the balance sheet roll-off as being on"autopilot."

But the weakening economic data from the U.S. are sending bearish signals. Gundlach, in the webcast, highlighted the deteriorating hard and soft data and the collapse in December retail sales. The so-called bond king and respected prognosticator on financial markets oversees $120 billion of assets under management.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

Really?

But tRump and his corrupt colleagues say the US economy is strong.

Everyone makes his own reality.

I guess sign me up for more of this Bear Market in that case. I wonder what a bull market looks like?

Data is a definition of a bear market

What is his definition of a bear market.

so we should shift to bull market soon.. or at some point :)

wait & see time

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in EG

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Apple stock is cheap, no matter how you slice it, market watcher saysOppenheimer's Ari Wald says Apple might be range bound for a bit, but Chantico Global's Gina Sanchez says the stock is a bargain.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

The bond market is flashing a major buy sign for stocks, says Jim PaulsenWorried investors searching for meaning in the bond market and its relationship to stocks may feel vindication after this week. They would be wrong, says Jim Paulsen. Support the system!!!
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Fidelity's new cryptocurrency company is up and running despite a bear market for digital coinsFidelity Digital Assets, a new company created by the investing giant last year, is already working with wealthy families and hedge funds on cryptocurrency trading and custody. A little late to the party...
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Vanguard's New ESG Fund: 40 Stocks And A Marketing PlanThe Valley Forge company has filed for its first actively managed ESG fund, which will hold about 40 stocks. One longtime investor says it's a marketing move.
مصدر: Forbes - 🏆 394. / 53 اقرأ أكثر »

These high-yielding stocks are beating the market this yearShares of Coty, Philip Morris, Western Digital, Exxon Mobil and General Motors don't just pay high dividends, but they're also crushing the major averages this year. GM💙
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Why investors need to take care with China’s hot stock marketOur call of the day, from big China brokerage Citic Securities could be a warning in the canary for investors eager to get a piece of the world’s best-performing market this year.
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

Why we shouldn't be wringing our hands over this pause in the stock marketMaybe it's time we all got more reasonable with future expectations in the stock market. Dollar is expensiv We need earnings for this rally to go anywhere. A Fed pause is only a good thing if it leads to earnings growth. You seam tired and stressed
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Stock market notches longest losing streak of 2019 as ECB reacts to cracks in Europe's economy
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

Cramer: Following these 6 stocks will help you predict which way the market is goingJim Cramer describes why investors can get a pulse of the market tracking companies like CVS, FedEx, and Facebook, among others.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »