Gundlach and Other Investors Warn of Market Resembling Dot-Com Bubble
Key Points: Jeffrey Gundlach warns of similarities between the current market and the dot-com bubble of the late 1990s. Prospects of interest-rate cuts and rising oil prices fuel fears of inflationary pressures and economic slowdown. Bill Gross questions record-high market valuations amidst rising interest rates and attributes market exuberance to fiscal deficit spending and AI enthusiasm. John Hussman issued a stark warning about the extreme valuation levels, comparing them to historical peaks preceding major market downturns. Renowned investor Jeffrey Gundlach...