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

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 92%

United States News News

United States United States Latest News,United States United States Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

S&P/TSX composite up despite plunge in oil prices; U.S. stocks higherCanada's main stock index was up in late-morning trading despite a plunge in the price of oil that dragged down the energy sector. The stock market, like a yo-yo, up and down with the stress level. How would we know , blackface is on all Canadian channels lying
Source: CTVNews - 🏆 1. / 99 Read more »