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DoubleLine’s Gundlach says U.S. stocks to take out recent lows

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DoubleLine’s Gundlach says U.S. stocks to take out recent lows GlobeInvestor

Jeffrey Gundlach, chief executive and chief investment officer of DoubleLine Capital, speaks during the Sohn Investment Conference in New York May 4, 2015.The U.S.

stock market has recovered because of the Federal Reserve’s actions but a retest of the recent lows is possible, Jeffrey Gundlach, chief executive of DoubleLine Capital said in a CNBC interview on Monday.Gundlach said he has put on a bearish bet against the S&P 500 at the 2,863 level. On Monday, the S&P 500 was up 1.22% at 2,871.3. The index is up 31% since touching a low of 2,191.86 on March 23.Be smart with your money.

 

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globeinvestor So...... next ask a stock guy what's next for the bond market?

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