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Bond King: S&P 500 Will ‘Absolutely’ Sink to New Lows

DoubleLine Capital CEO Jeffrey Gundlach, otherwise known as “The Bond King” in the capital markets space, said the S&P 500 will hit new lows as a bear market puts a stranglehold on the index. “I’m pretty sure this is a bear market,” Gundlach told CNBC....
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