Elite investor Jeffrey Gundlach compares the AI boom in stocks to the dot-com bubble

Published on 24 Mar 2024 on Business Insider via Yahoo Finance

Elite investor Jeffrey Gundlach compares the AI boom in stocks to the dot-com bubble — and warns of...

DoubleLine Capital CEO Jeffrey Gundlach.CNBC/Getty Images

Jeffrey Gundlach compared the AI-fueled boom in stocks to the dot-com bubble.DoubleLine Capital's billionaire CEO predicted sticky inflation and an economic slump.Two other market gurus, Bill Gross and John Hussman, warned of extreme stock valuations this week.

Jeffrey Gundlach has warned the AI-crazed stock market reminds him of the dot-com bubble — and predicted a painful mix of stubborn inflation and economic decline lies ahead.

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Elite investor Jeffrey Gundlach compares the AI boom in stocks to the dot-com bubble — and warns of...

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