Category: Jeffrey Gundlach

Jeffrey Gundlach Correctly Predicted Bitcoin Would Retreat to $20,000: Here’s His Next Call on the Crypto

Bitcoin has fallen more than 50 percent since the start of the year and one investor says he wouldn’t be surprised to see it cut in half again. What Happened Billionaire investor Jeffrey Gundlach on Wednesday warned that Bitcoin’s plunge may not be over. “It looks like it’s being liquidated,” Gundlach said Wednesday on CNBC’s “Closing…


Stimulus Checks Helped Fuel GameStop Stock Surge: Billionaire Gundlach

The latest round of stimulus checks led to GameStop stock surging, according to a money manager. “I think wherewithal from governmental stimulus ultimately is really the cause,” Jeffrey Gundlach, a billionaire bond-fund manager, said during an appearance on Fox Business. Congress passed and then-President Donald Trump signed late last year a fresh CCP virus relief…