After a stellar rebound, Jeffrey Gundlach still thinks stocks are in a bear market.
After a stellar rebound, Jeffrey Gundlach still thinks stocks are in a bear market.
«The stock market was and still in a bear market,» the founder and chief executive officer of Doubleline Capital said in an investor webcast on Tuesday. He also said stocks could go negative again in 2019.
Stocks have staged a strong comeback from the massive December sell-off with the S&P 500 gaining nearly 19 percent from Christmas Eve low and more than 11 percent year to date.