There will be “trouble for equity markets” if the yield on the benchmark 10-year U.S. Treasury note moves beyond 3%, Jeffrey Gundlach, chief executive of DoubleLine Capital, warned on Tuesday. Late Tuesday, the 10-year yield US10YT=RR stood at nearly 2.38%. In his first investor webcast this year, Gundlach said after the recent huge run-up in […]
Tag Archives: Jeffrey-Gundlach
Gundlach: Sell Everything
Noting the recent run-up in the benchmark Standard & Poor’s 500 index while economic growth remains weak and corporate earnings are stagnant, Jeffrey Gundlach, the chief executive of DoubleLine Capital, said stock investors have entered a “world of uber complacency.” … “The artist Christopher Wool has a word painting, ‘Sell the house, sell the car, […]
Gundlach: Another Wave Down
“The reason the markets aren’t going lower is people are holding and hoping. The market bottoms out when people are selling and sold out — not when they are holding and hoping. I don’t think you’ve seen real selling in risk assets broadly. Markets need buying to go up and they need volume to go […]