"I'm certainly in the camp that we are not out of the woods. I think a retest of the low is very plausible," Gundlach said on CNBC's ""People don't understand the magnitude of ... the social unease at least that's going to happen when ... 26 million-plus people have lost their job," Gundlach said. "We've lost every single job that we created since the bottom in 2009.""Actually I did just put a short on the S&P at 2,863.
In March, the S&P 500 tumbled into a bear market at the fastest pace ever as the outbreak caused unprecedented economic uncertainty. At its worst level of the sell-off, the S&P 500 was down about 34% from its all-time high on Feb. 19. The equity benchmark is now about 16% below that record.looks like the most overvalued fixed income assetDoubleLine had more than $148 billion in assets under management as of the end of 2019, according to its website.
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I love pancetta. What are they saying?
Well put. All in agreement, what make the market turn tide?
Whatever he says......bet the other way ! Works every time
To avoid the corona virus, we must develop antibodies in the bat's body in the same way that a snake antidote is made from a horse. Jai Bharat.
I agree
Exactly... all lies in 5G. Enough to make me, a Bernie bro vote for trump... as well as the Biden allegations! Sheesh
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