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Jim Cramer Dismisses Bearish Market 'Scares' After Wednesday's Rebound: 'No Need To Pretend That The Sky Is Falling'
Wednesday, February 14, 2024 - 9:29pm | 719Jim Cramer, the host of CNBC’s “Mad Money,” has urged investors not to be alarmed by the recent market fluctuations, dismissing five bearish signals as part of the normal market cycle. What Happened: Cramer, in his Wednesday show, highlighted that the market has experienced...
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Bear Market On Horizon? Billionaire Investor Gundlach Issues Stark Warning: 'Stock Market...Is As Overvalued As It Was Two Years Ago'
Wednesday, February 14, 2024 - 12:09am | 696Jeffrey Gundlach, the CEO of DoubleLine, has cautioned that the current stock market is as overvalued as it was at the beginning of the previous bear market, which could signal a looming downturn. What Happened: The billionaire investor, speaking at the Exchange Traded Funds (ETF) conference on...
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Jeffrey Gundlach Predicts Recession By Summer, Cites Parallels To Dot-Com And Housing Bubbles
Friday, February 2, 2024 - 5:26am | 709Renowned investor Jeffrey Gundlach has issued a stark warning, drawing parallels between the current market situation and the infamous dot-com and housing bubbles. He predicts that this “euphoria” will soon come to an end, leading to a recession by this summer. What Happened: Gundlach,...
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Billionaire Investor Jeffrey Gundlach Predicts Recession, Says 'Goldilocks' Theory Makes Him 'Nervous'
Thursday, February 1, 2024 - 2:35am | 658In a recent interview with CNBC, Jeffrey Gundlach, the CEO of DoubleLine Capital, expressed his concerns about the “Goldilocks” narrative and predicted an impending recession. This forecast comes in the wake of the Federal Reserve’s decision to maintain interest rates, a move that...
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Billionaire Investor Gundlach Foresees Recession, Recommends Cash Over Overvalued Stocks: 'Skip This Last Phase Of The Exuberance Game'
Saturday, January 27, 2024 - 3:09am | 492Billionaire investor Jeffrey Gundlach sounded a note of caution, maintaining that despite the “exuberance” in equity markets, a recession seems to be “inevitable.” What Happened: In a conversation with Fox Business Network, Gundlach raised doubts about the current market...
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Economist Who Predicted Recessions Via Inverted Yield Curve Forecasts US Economic Slowdown In 2024: 'I've Kind Of Revised My Opinion'
Sunday, January 21, 2024 - 11:18pm | 740The economist who introduced the inverted yield curve as a recession predictor has forecasted a slowdown for the U.S. economy in 2024. What Happened: Campbell Harvey, a Canadian economist and researcher at Duke University, has indicated that the U.S. economy is likely to experience a downturn this...
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Jeffrey Gundlach Says Fed Decision 'Pretty Dovish,' Predicts 2024 Recession
Wednesday, December 13, 2023 - 6:18pm | 442The Federal Reserve held interest rates steady on Wednesday and signaled three possible rate cuts in 2024. Following the Fed's decision on rates, Doubleline Capital CEO Jeffrey Gundlach flagged the forecast as "pretty dovish." What Happened: In its final...
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Bond Expert Jeffrey Gundlach Says Inflation Should Fall, But US Will Be In Recession In 2024
Wednesday, November 1, 2023 - 4:10pm | 385Bond expert and founder of DoubleTree founder Jeffrey Gundlach joined CNBC’s "Closing Bell" Wednesday following the Federal Reserve’s decision to keep interest rates at the 5.25%-5.5% level. Consumer Price Index inflation should fall, but the U.S. economy may see a recession...
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'Buy A T-Bill And Chill': Bond King Jeffrey Gundlach Says He's Happier As A Bond Investor Now — Here's How To Get In On The Action
Thursday, October 19, 2023 - 11:09am | 681When interest rates were low, it was difficult for bond investors to earn a decent yield. Just ask DoubleLine Capital Founder Jeffrey Gundlach. Speaking at a recent investment conference in New York, Gundlach recalled what the bond market was like in 2016. He said if you wanted to earn a 5% annual...
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The Fed Was Wrong For 2 Years: Two Data Points Say They'll Be Wrong On Rates In 2023
Thursday, June 15, 2023 - 1:34pm | 577The Federal Reserve on Wednesday conceded its two-year error in inflation forecasting. This followed data issued by the Bureau of Labor Statistics showing the lowest inflation since March 2021, prompting the Fed to issue a "hawkish pause" on interest rates. “Fed forecasts have been wrong on...
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Bond-Expert Jeffrey Gundlach Says 'Pretty Clear' US Soon To Be At The Front-End Of A Recession
Tuesday, June 6, 2023 - 11:22pm | 476DoubleLine Capital CEO Jeffrey Gundlach reportedly said on Tuesday it looks increasingly possible the United States will tip into a recession. "It's pretty clear that we have the look of soon to be at the front end of a recession," Gundlach said during a DoubleLine investor webcast, according to a...
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Jeffrey Gundlach Says Bond Market Hinting At Rate Cuts By Year-End: Recessionary Odds 'Pretty Darn High Right Now'
Thursday, May 4, 2023 - 12:54am | 474DoubleLine Capital's Jeffrey Gundlach reportedly stated the bond market is hinting there’s going to be rate cuts by the end of this year and said this remains consistent with his view that recessionary odds are “pretty darn high right now.“ What Happened: Gundlach told CNBC that...
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Why The Bond King Says The Fed Needs To Stop Raising Interest Rates
Thursday, December 15, 2022 - 12:28pm | 339Jeffrey Gundlach, the billionaire investor known as the Bond Kind, told CNBC Wednesday the Federal Reserve should stop raising interest rates because the inflation problem has already cooled substantially. Gundlach echoed a similar message to the one shared by Wharton professor Jeremy Siegel...
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'Bond King' Jeffrey Gundlach Is Fading Equities In Favor Of This Investment
Wednesday, September 28, 2022 - 9:21am | 322Billionaire "Bond King" Jeffrey Gundlach has been grabbing hold of U.S. debt. "The U.S. Treasury Bond market is rallying tonight," the DoubleLine Capital founder tweeted Tuesday morning. "Been a long time. I have been a buyer recently." On Tuesday, Sept. 27, saw a...
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These 5 Experts See A Market Crash Ahead: What Do BZ Readers Think?
Wednesday, September 14, 2022 - 2:46pm | 1159A majority of Benzinga readers, 63.5%, expect the S&P 500 to hit a new low in September, according to a recent survey. More than 36% say it won't. The feedback comes as recession fears escalate on the heels of Tuesday's massive sell-off — the worst since June 2020....