February 7, 2018 / 10:15 PM / 8 months ago

Gundlach: Market unwind will be 'turbulent,' not over in a few days

NEW YORK, Feb 7 (Reuters) - Jeffrey Gundlach, chief executive of Doubleline Capital, said Wednesday that the “low rate-low volatility” environment went on for so long that now “the unwind will be turbulent and not over in a couple of days.”

Gundlach, who is known as the Wall Street bond king, told Reuters that bitcoin was the “lead horse” of risk assets and its recent plunge has had a cascading effect on other risk assets. (Reporting by Jennifer Ablan; Editing by Tom Brown)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below