And of course the Fed pumping trillions of dollars into the repo market has
nothing to do with anything.
The largest banks are sitting on tens of trillions of dollars of
derivatives, but that is a non-issue.
In many ways we are right back where we were in 2007-2009.
There are sectors, if not the entire market, that are effectively in a
bubble.
At some point the Bigger Fool Theory fails to continue working.
On Thu, Feb 27, 2020 at 11:00 PM L. Feldman <dmarc-noreply@xxxxxxxxxxxxx>
wrote:
Dear Friends,
There has been a lot of speculation that the bad news about the
coronavirus has been responsible for the stock market decline. But, as
this article states, "DoubleLine Capital CEO and “Bond King” Jeffrey
Gundlach thinks something else is on investors’ minds: the rise of Bernie
Sanders in the Democratic primary race."
What do you think?
Jeffrey Gundlach Blames Market Sell-Off on Bernie Sanders' Rise
<https://moneyandmarkets.com/?p=18880?post_ids=18585,17586,18830,18660,18519>
Jeffrey Gundlach Blames Market Sell-Off on Bernie Sanders' Rise
DoubleLine Capital CEO and "Bond King" Jeffrey Gundlach thinks the rise of
Bernie Sanders was the cause for the ...
<https://moneyandmarkets.com/?p=18880?post_ids=18585,17586,18830,18660,18519>
