Markets

Billionaire bond king Jeff Gundlach said the stock market will likely fall from its ‘lofty’ perch despite ‘Superman’ Jerome Powell’s policies

Billionaire “bond king” Jeffrey Gundlach expects the stock market to fall from its “lofty” perch as he warned of corporate credit downgrades and a rise in white-collar layoffs on Tuesday. Gundlach said traders think the Federal Reserve chairman Jerome Powell is “Superman,” and he is expected to keep the fed […]
Billionaire bond king Jeff Gundlach said the stock market will likely fall from its ‘lofty’ perch despite ‘Superman’ Jerome Powell’s policies