Normand said the market is in a young phase, though he expects returns to be below average for the rest of the year and correction odds are elevated.
"A million miles away" is Kevin Russell's preferred distance from companies like GameStop that are completely divorced from economic reality.
Around 68% of the $14.5 billion iShares MSCI USA Momentum Factor ETF had to be changed because of the huge market rotation roiling the market lately.
According to Gundlach, DoubleLine's model suggests inflation "is probably going to go higher in the next couple of months" and might peak in July.