Despite Wall Street Guru's Terrible Advice A Year Ago, He's Back
Almost a year to the day after celebrated bond investor, Jeffrey Gundlach, was quoted in the press advising investors to “sell everything,” he was back with another frightening forecast.
“The market will drop 3% at a minimum sometime between now and November,“ Mr. Gundlach warned on CNBC’s Halftime Report on August 8th.
CNBC identified Mr. Gundlach as a five-star fund manager and “The New Bond King.”
But the host never asked Mr. Gundlach about the terrible investment advice he gave a year earlier.
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