Jeffrey Gundlach cautions about issues in the private credit market
Billionaire investor Jeffrey Gundlach has expressed concerns about emerging issues in the rapidly growing private credit market in the U.S., describing it as the “Wild West” of finance. He drew a parallel with the unregulated collateralized debt obligation (CDO) market that preceded the 2008 financial meltdown. As the founder and CEO of DoubleLine Capital, Gundlach—often […]
Why Jeff Gundlach believes record-high gold is set for another 20% increase
Gundlach Predicts Continued Gold Rally Jeff Gundlach, often referred to as the “Bond King,” believes that the recent surge in gold prices isn’t finished. The CEO of Doubleline Capital has suggested that gold could potentially reach $4,000 per ounce. Recently, gold prices increased by 20%, jumping from about $3,345 as of Friday afternoons. In a […]