Gundlach Feels Like We Are Back In December, Says “Stocks Are Dead Money” After A Short Squeeze
by Tyler Durden
ZeroHedge.com
05/25/2016
Jeffrey Gundlach, the chief executive officer of DoubleLine Capital, said on Tuesday that the rally in U.S. stocks, which began on Monday, feels like a short squeeze and characterized U.S. stocks as “dead money.” He added that “all that matters is Yellen. She is still there. I feel like we are back in December again, where everyone thinks that there is a super secret that some Fed officials have this knowledge that the economy is really good.”
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