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Billionaire Investor Gundlach Foresees Recession, Recommends Cash Over Overvalued Stocks: 'Skip This Last Phase Of The Exuberance Game' – NVIDIA (NASDAQ:NVDA) – Benzinga

billionaire investor Jeffrey Gundlach Despite the “boom” of the stock market, a recession appears to be “inevitable”, he said, warning. what happened: in conversation In an interview with Fox Business Network, Gundlach questioned the current market valuation and enthusiasm. He suggested that cash could be put to better use after the coming recession. “I have […]

Billionaire bond king questions unemployment data: ‘Hard to believe’

Jeffrey Gundlach, CEO of DoubleLine Capital, provides his market outlook for 2024 and discusses the Fed's fight against inflation on “How to Make Money.” As the list of big corporate job cuts looks set to grow in 2024, a billionaire bond fund manager is questioning some of the data. Jeffrey Gundlach, CEO of DoubleLine Capital, […]

Democrat Billionaire Donor Pauses Donations to Haley 

Democratic billionaire donor and LinkedIn co-founder Reid Hoffman has suspended donations to former Gov. Nikki Haley's bid for the Republican nomination, according to sources familiar with the matter. Said CNBC Wednesday. The funding cut marks the first time Haley's donors have cut back on their support since Tuesday. Haley was a favorite of establishment figures […]

AI boom mints another billionaire, Super Micro founder Charles Liang

The supermicrocomputer's soaring stock price has propelled founder and CEO Charles Liang into the ranks of billionaires. Mr. Liang, 66, from Taiwan, decided 30 years ago that Supermicro would start designing motherboards, the company said in a statement. Website. Liang, who now lives in Silicon Valley, made a successful bet on motherboards, complex circuit boards […]

Locals nervous as Minnesota billionaire buys 10 ‘crap’ houses

A flashy, McLaren-driving member of America's fourth-richest family has raised eyebrows and left neighbors “concerned” after he bought 10 houses and called them “rubbish”. Kathy Cargill is listed as manager We are members of North Shore LS, LLC, a private company that shops for real estate in Park Point, a picturesque neighborhood along the 11-mile-long […]