Jeffrey Gundlach says if you want to know where stocks are going next, watch bitcoin

FAN Editor

Gundlach — the founder of DoubleLine Capital — is one of the leading bond managers, often referred to as the “bond king.”

Earlier on Friday, Gundlach expressed doubt that wages can go up without sparking a sharp increase in inflation. Concerns of rising inflation sent stocks reeling earlier this month, after the Labor Department reported much higher-than-expected annualized wage growth.

This is breaking news. Please check back for updates.

Free America Network Articles

Leave a Reply

Next Post

Pentagon sends recommendation on transgenders serving in the military to White House

Defense Secretary James Mattis has made his recommendation to the White House on how the Department of Defense should handle the military service of transgender individuals, Pentagon spokesman Maj. Dave Eastburn confirmed to ABC News. The final policy announcement is expected to be made by President Trump in late March. […]