Investor kit made up of 3 brochures

Get $500 and your FREE investor kit!

American gold eagle coin Request your FREE Precious Metals Investor Kit and we’ll immediately add $500 to your account to help you get started!

The $500 can be used for shipping, insurance charges or IRA custodial fees

Lear does not provide financial advice and is a for profit retailer.
Skip to main content
Back to Top
Speak to a specialist 800-576-9355

Markets Insider: Buying the S&P 500 Seems Like a 'Pretty Lousy Trade' Right Now - And a US Recession is Looming, Jeffrey Gundlach Says

January 12, 2024
Market Crash, Recession, buy Gold and Silver

Article by Theron Mohamed in Markets Insider

The S&P 500 is in a precarious spot, and all signs point to a looming US recession, Jeffrey Gundlach says.

The billionaire investor and DoubleLine Capital CEO noted in a public webcast on Tuesday that following the benchmark US stock index's 24% rally last year, it now trades around the same level as it did at the start of 2022.

"This looks like a pretty lousy trade location with a double top going on," he said, according to DoubleLine's live blog of his comments on X.

Investopedia describes a double top as an "extremely bearish technical reversal pattern" where an asset hits .......

To continue reading this article, click here!

Secure Your Retirement with Gold

Free 2024 Gold Kit
Gold Kit
Lear does not provide financial advice and is a for profit retailer.
We respect your Privacy