[闲谈] Gundlach: US stocks are 'dead money;' rally feels like short squeeze

not4weak

Jeffrey Gundlach, the chief executive officer of DoubleLine Capital, said on Tuesday that the rally in U.S. stocks, which began on Monday, feels like a short squeeze and characterized U.S. stocks as "dead money."

"The market is not incredibly healthy," Gundlach said in a telephone interview, noting recent corporate earnings have come in weak. Gundlach, who oversees $95 billion at Los Angeles-based DoubleLine, said the S&P 500 index "has gone nowhere in the past 12 months to 18 months."

wsjboy

He is correct or NOT, I don't know.