Jeffrey Gundlach on Tuesday says that the worst isn’t over for the stock market after a brutal quarter that left the Dow with its worst decline in the first...
Jeffrey Gundlach on Tuesday said that the worst isn’t over for the stock market, after a brutal quarter that left the Dow with its worst decline in the first three months of a calendar year in its 124-year history.
From that point, the indexes then began a rebound that saw the Dow log its biggest three-day gain since 1931, and many strategists have speculated that the worst may be over for stocks after President Donald Trump last week signed the more-than-$2 trillion relief package and the Federal Reserve has rolled out a barrage of stimulus measures to ease gummed-up parts of the financial market.Gundlach speculated that the market could slide lower still.
At the beginning of March, the Los Angeles bond-fund manager offered what turned out to be sage advice, recommending that investors stay in cash during the coronavirus pandemic.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Wall Street Executive Succumbs To Coronavirus ComplicationsInvestment banking company, Jefferies, announced on Sunday the passing of Peregrine Broadbent, the investment bank’s long-serving chief financial officer, from complications linked to the coronavirus
Leer más »
Wall Street gets (mostly) grimStocks finished their worst quarter since 2008 yesterday and big bank analysts are increasing their assessments of the coronavirus impact
Leer más »
Wall Street analysts see plenty of buying opportunities as second quarter begins, including Verizon and JPMorganNew for subscribers: Wall Street analysts see plenty of buying opportunities as second quarter begins, including Verizon and JPMorgan Check out CNBCPro and get your first 30 days free.
Leer más »
Wall Street Volatility, Coronavirus Numbers Continue to Rise in the U.S., Cigna CEO on Waiving Treatment Costs by Squawk on the Street
Leer más »
COVID-19 Testing Hits Second Wall: Lack of SuppliesAfter early problems at the CDC and the FDA delayed by weeks the rollout of COVID-19 tests to states, labs have run into problems again -- this time, they are hunting for critical supplies.
Leer más »