Billionaire Explains Why Stock Market Growth Has Struggled

Billionaire Explains Why Stock Market Growth Has Struggled

In a recent interview with CNBC, Gundlach explained that while the Federal Reserve’s interest rate cuts typically stimulate risk assets like stocks, the S&P 500 has failed to capitalize on these moves, losing much of its earlier gains. Gundlach pointed out that despite the Fed’s efforts to reduce rates starting in the third quarter of 2024, bond yields remain high, and the stock market has shown little improvement. He described the current situa…