Jeffrey Gundlach is worried that investors are getting suckered into buying the dip in stocks, high-yield bonds and leveraged loans.
Iconic hedge fund billionaire Seth Klarman could have taken a huge hit on an investment in PG&E after the deadliest and most destructive wildfire.
Companies riddled with leverage have posted their best two-week run in nearly three years while value shares rebounded at the fastest pace since 2016.
Warren Buffett is a smart investor who should have heeded his own advice when it comes to investing in technology. His first big bad tech bet was IBM.
DoubleLine CEO blames prolific sales of junk bonds and significant growth in investment grade corporate debt, coupled with the Federal Reserve.
Investors have pulled money for 10 consecutive months since the February peak, in part amid misplaced bets. Gross lost 4% last year, underperforming.