• [stock-market-ticker symbols="AAPL;MSFT;GOOG;HPQ;^SPX;^DJI;LSE:BAG" stockExchange="NYSENasdaq" width"100%" palette="financial-light"]

    'China Is Uninvestable,' Says Bond King Jeffrey Gundlach

    January 6, 2022
    No Comments
    'China Is Uninvestable,' Says Bond King Jeffrey Gundlach
    Image by Scott Brown

    Please Follow us on GabMindsTelegramRumbleGab TVGETTR

    Investors may want to think twice about putting their money to work in China, contends DoubleLine founder Jeffrey Gundlach. 

    "China is uninvestible, in my opinion, at this point," the bond king told Yahoo Finance in an interview at his California estate. "I've never invested in China long or short. Why is that? I don't trust the data. I don't trust the relationship between the United States and China anymore. I think that investments in China could be confiscated. I think there's a risk of that."

    The ongoing crackdown on the operations of big Chinese internet companies such as Didi by the government has rocked investors in the space. The clamping down on the country's biggest tech names has now led to a tightening of listing requirements by the Chinese government...

    To read more visit Yahoo Finance.

    The Global Media Company Funded By The Common Man!  You Won't Get Anywhere Else What You Get From CDMedia! Donate!  

    SHARE THIS ARTICLE

    Author

    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
  • Subscribe
    Notify of
    guest

    0 Comments
    Inline Feedbacks
    View all comments

    FOLLOW US

  • Subscribe to our evening newsletter to stay informed during these challenging times!!

    ×