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Jennifer Ablan

Guggenheim's Scott Minerd says Fed will pause to start 2019

12:15pm GMT

NEW YORK The Federal Reserve is likely to hold its interest rate hikes on pause for the start of 2019 in order to stabilize markets, given economic growth is set to slow and financial conditions having tightened, Guggenheim Partners Global Chief Investment Officer Scott Minerd said on Wednesday.

U.S.-based stock funds draw $8.74 billion in latest week: Lipper

10 Jan 2019

NEW YORK Investors put money to work in both U.S. stock and bond markets for the week ended Wednesday, after soothing remarks by Federal Reserve Chair Jerome Powell that low inflation would allow the U.S. central bank to be "patient" in deciding whether to continue raising rates this year.

Pimco's Fels says higher probability of U.S. recession over next 12 months

09 Jan 2019

NEW YORK Recession models are suggesting a higher probability of a U.S. recession over the next 12 months and "flashing orange," said Joachim Fels, managing director and global economic advisor at bond giant Pacific Investment Management Company, on an investor webcast Wednesday.

DoubleLine's Gundlach: High-yield market flashing 'yellow' on recession

09 Jan 2019

NEW YORK The high-yield "junk" bond market, which has been a leading indicator of recessions, is flashing "yellow now," Jeffrey Gundlach, chief executive of Doubleline Capital, said on Tuesday.

Bridgewater's Jensen forecasts 'near-recession-level growth' in 2019

21 Dec 2018

NEW YORK Greg Jensen, co-chief investment officer of Bridgewater Associates, the largest hedge fund in the world, is forecasting "significantly weaker, near-recession-level growth" next year.

DoubleLine's Gundlach says S&P 500 likely to go below February 2018 lows

12 Dec 2018

NEW YORK Jeffrey Gundlach, chief executive of DoubleLine Capital, said Tuesday on an investor webcast that the Standard & Poor's 500 Index is likely to go below its February 2018 lows.

DoubleLine's Gundlach says Treasuries point to economy ready to weaken

04 Dec 2018

NEW YORK Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said the U.S. Treasury yield curve inversion on short-end maturities was signaling the "economy is poised to weaken."

DoubleLine's Gundlach: Now is the time for capital preservation

20 Nov 2018

NEW YORK Jeffrey Gundlach, who runs DoubleLine Capital, said on Tuesday that investors should focus on capital preservation and avoid corporate bonds and Treasuries as inflationary pressures intensify.

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