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GUNDLACH: Stocks looked like a good buy two weeks ago, so I bought some
GUNDLACH: Stocks looked like a good buy two weeks ago, so I bought some
Reuters,Akin OyedeleFeb 26, 2016, 23:52 IST
Thomson ReutersJeffrey Gundlach, chief executive and chief investment officer of DoubleLine Capital, speaks during the Sohn Investment Conference in New York
NEW YORK (Reuters) - Jeffrey Gundlach, the co-founder and chief executive officer of DoubleLine Capital, said on Friday that his firm purchased some U.S. stocks two weeks ago after their rocky start in January.
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"I thought it was a good buy point two weeks ago Wednesday and so we bought some," Gundlach told Reuters.
Bloomberg notes that Gundlach has been heavily underweight stocks since last August.
