Jeffrey Gundlach, CEO and CIO of the fixed-income investment management firm DoubleLine Capital, told CNBC Tuesday “junk bonds are actually cheap now. They’ve gone from the richest in history to a massive underperformance versus government bonds.”
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The Federal Reserve's second round of quantitative easing was working until a major jump in oil prices hit growth in the US, according to Charles Robertson, the chief global economist at Renaissance Capital.
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Negative news and potential dangers do not determine what investors ought to pay for an investment. Discussing where to find the best value in this market, with Wallace Weitz, Wallace R. Weitz & Company.
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Another volcanic ash cloud threatening European airspace, a threat to downgrade Belgium's credit rating and Moody's warning that it could cut UK banks' credit ratings did not make for pretty reading for investors Tuesday.
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