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Billionaire 'Bond King' Jeff Gundlach warns stocks will crash, predicts a weaker dollar, and questions bitcoin in a new interview
Billionaire "Bond King" Jeff Gundlach warned stocks will crash within 18 months, predicted the US dollar will tumble in the long run, and voiced his doubts about bitcoin in a RealVision interview filmed on October 1 and released on Friday. Gundlach, the founder and CEO of DoubleLine Capital, also called out Chipotle's valuation, criticized welfare, and argued the only US equities that make sense to own right now are the largest technology stocks. Here are Gundlach's 10 best quotes from the conversation, condensed and lightly edited for clarity: 1. "Valuation makes absolutely zero difference when you're in a true, ... (full story)
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