Jeffrey Gundlach Warns of Epic Stock Market Meltdown

Jeffrey Gundlach believes the next recession will crush U.S. stocks and prevent them from recovering for quite some time. In an interview with Yahoo Finance, the CEO of DoubleLine Capital said the pattern of easy money in stocks won’t last forever.

For starters, “the pattern of the United States outperforming the rest of the world has already come to an end,” he said. And like markets in Japan, Europe and emerging Asia, the S&P 500 may not recover to pre-recession levels during the next major downtrend.

 Varchev Traders

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