4 days ago | By Business Insider
AP Images / Richard Drew
Jeffrey Gundlach said the US isn't out of the recession just yet, while breaking down his favorite asset classes for 2021 during his annual market outlook webcast Tuesday evening. On his asset class "like list": Asian stocks, emerging markets stocks, and US stocks. Gundlach also said that he doesn't "believe that we've left the recession yet" and this recession has been one of the most unusual ever, as many typical patterns like consumer debt rates have behaved differently than they typically would in a downturn. Sign up here our daily newsletter, 10 Things Before...
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