DoubleLine's Gundlach: Now Is The Time For Capital Preservation
"There’s no bond rally," he said in a telephone interview. "Obviously, it is not a deflationary bear market, otherwise you would have a bond rally."
"There’s no bond rally," he said in a telephone interview. "Obviously, it is not a deflationary bear market, otherwise you would have a bond rally."
Berkshire initiated a $4 billion position in JP Morgan and upped its position in pretty much every major bank stock it owns except Wells Fargo.
(Bloomberg) An institution with money-printing powers should have no difficulty keeping the lights on. But could it continue to act in insolvency?
A strong economy, rising earnings, hedge funds and the midterm elections were all supposed to rescue the market. Now investors wonder what's left.
What makes a good Berkshire Hathaway Inc. investment? With the exception of Warren Buffett and his deputies, nobody knows anymore.
Zuckerberg faced renewed pressure with a group of Democratic senators demanding that he respond to reports that the company tried to silence critics.
In a month hedge funds globally registered their biggest drop in seven years, waning Chinese demand for luxury goods helped one firm beat the odds.