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The "new bond king" sounds the alarm: the probability of a U.S. economic recession reaches 60%, and investors should stay away from U.S. stocks!
① "Bond King" Gundlach stated on Thursday that as the risk of recession in the USA increases, US stocks may face another painful period of volatility; ② he believes the probability of an economic recession in the USA in the coming quarters is between 50% and 60%; ③ Gundlach advises US investors to stay away from US stocks and seek opportunities in Europe and Emerging Markets.
U.S. stock market close: The three major Indexes collectively edged down slightly, with the shadow of U.S. policy lingering.
① The Nasdaq China Golden Dragon Index fell by 3.84%; ② NVIDIA rose by 0.86%, with Market Cap surpassing Microsoft; ③ Micron's revenue exceeded expectations, rising over 4% in after-hours trading; ④ Apple reorganized its AI executive team in an effort to turn around the decline of Siri.
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