'The profits were too great to not harvest': Bond King Jeff Gundlach says he covered all his stock shorts for the first time in years amid coronavirus
Business Insider -

"Bond King" Jeffrey Gundlach covered the last of his three stock shorts Wednesday afternoon, tweeting "the profits were just too great to not harvest, and the panic is palpable."

The DoubleLine Capital CEO is not short any US stocks "for the first time in years," he added, even as coronavirus risks drag equities to three-year lows.

Short-selling has been temporarily banned across several European nations as authorities look to curb financial market turmoil.

Gundlach appeared on CNBC Tuesday,...

Read this story at

Loading...

Related Articles