Billionaire bond king Jeff Gundlach said the stock market will likely fall from its 'lofty' perch despite 'Superman' Jerome Powell's policies

Business Insider

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· *Billionaire "bond king" Jeffrey Gundlach expects the stock market to fall from its "lofty" perch as he warned of corporate credit downgrades and a rise in white-collar layoffs on Tuesday.*
· *Gundlach said traders think the Federal Reserve chairman Jerome Powell is "Superman," and he is expected to keep the fed fund rates...

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