Billionaire bond king Jeffrey Gundlach says that negative interest rates will cause long-term problems for the banking system.
However, the Oaktree founder thinks the current bull market can rise further as the U.S. economy is, to some extent, “the envy of the world.
Discussions will focus on the U.S. reducing tariff rates on Chinese imports by as much as half and delaying pending ones.
Notice a pattern? Some pundits do, one in which every three years or so something drags the bull market to the brink of extinction before recovering.