US stocks will suffer further falls,billionaire bond trader and investment guru Jeffrey Gundlach said on Monday, warning of a long-term bear market. Speaking on CNBC TV, and Gundlach,who is the chief executive of DoubleLine Capital, said passive investing has reached “mania status” and will exacerbate market problems, or Reuters reports. “I contemplate it is a bear market. […]
Source: ejinsight.com