Gundlach Warns U.S. Economy Is Floating On ‘An Ocean Of Debt’
–Jeffrey Gundlach said yet again that the U.S. economy is gorging on debt. He highlighted the dangers especially posed by the U.S. corporate bond market. Prolific sales of junk bonds and significant growth in investment grade corporate debt, coupled with the Federal Reserve weaning the market off quantitative easing, have resulted in what the DoubleLine…
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