Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6th, 2019.
Adam Jeffery | CNBC
DoubleLine Capital CEO Jeffrey Gundlach said the massive buying frenzy among retail investors this year is an ominous sign for the stock market.
“Of course retail investor activity is downright terrifying,” Gundlach said during an investor webcast on Tuesday, pointing to the surge in daily average trade and trade per account on online brokers. “We just see how much trading is going on in retail,” he said.
Gundlach alluded to some of the blame for the retail trading boom falling in