Earlier comments from Doubleline Capital CEO and founder Jeffery Gundlach are here:
More:
- wage pressures greater than economic growth hitting corporate profitability, stocks
- says consumer confidence expectations worse than prior to recession in 2007
- US real estate markets including Connecticut, New York and New Jersey are much weaker than people appreciate
- Says stock market has been following Fed's shrinking balance sheet to the downside
- Rising US deficits, rates are a 'suicide mission'
- Lack of strong bond rally due to stock selloff caused by rising US deficit
- S&P 500 likely to go below February 2018 lows
- US. semi-conductor, technology, financial stock charts look bearish -webcast
- Next move in the USD is lower