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'bond King' Jeffrey Gundlach Says The Day-trading Boom Is 'downright Terrifying' | Markets Insider

by markets.businessinsider.com posted 2weeks ago 5 views
The billionaire investor said in a Tuesday webcast: "Of course retail investor activity is downright terrifying. ": Hedge fund billionaire Jeffrey Gundlach is sounding the alarm on a "downright terrifying" boom in day-trading and retail investor activity. The so-called "bond king" and founder of DoubleLine Capital, was quoted by CNBC in a webcast Tuesday as saying: "of course, retail investor activity is downright terrifying." He said an increase in trades-per-account on online brokerage platforms was worrying. "We just see how much trading is going on in retail," Gundlach said.

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