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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 has warned that the stock market resembles a hollow tree that could be about to snap, arguing equity valuations rest on weak foundations and could break under pressure. The stark metaphor is drawing attention among investors weighing risks to a market that has continued climbing despite economic uncertainties.
Why now: Investors are on edge about market valuations and are closely following warnings from a prominent bond manager.
Jeffrey Gundlachstock marketMarketWatch
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- The stock market is a hollow tree that could be about to snap, warns bond king Gundlach · MarketWatch
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