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Gundlach warns stock market is a hollow tree about to snap
Original: The stock market is a hollow tree that could be about to snap, warns bond king Gundlach
Bond investor Jeffrey Gundlach, known as the 'bond king,' warned that the stock market is like a hollow tree that could be about to snap, arguing equities look fragile despite their surface strength. The remarks, carried by MarketWatch, add to a strand of market commentary questioning whether current valuations can hold up.
Why now: Investors are on edge about stretched stock valuations and are closely weighing warnings from prominent market figures.
Jeffrey Gundlachstock marketMarketWatchDoubleLine Capital
Evidence
- The stock market is a hollow tree that could be about to snap, warns bond king Gundlach · MarketWatch
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