'Bond King' Jeffrey Gundlach says S&P 500 has already entered bear market

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DoubleLine Capital Founder and CEO Jeffrey Gundlach says in an interview with CNBC that he believes the S&P 500 is already in bear market territory.
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Now what does he think back at all time highs. What is he buying bonds? Gold???

MetalBum
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I couldve told you we were in a bear market a month ago

doomtomb
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Lol @ passive investing being a problem

Guess hedge funds don’t like when retail investors aren’t in a panic handing all of their money over.

canefan
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**herding behaviour, not hurting behaviour. It adds mass and therefore momentum to the market with no benefit of deliberate or intelligent actions. So it dilutes any emergent market intelligence and makes it harder to change direction.

Daniel-dgnp
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What is passive equity funds he's talking about?

andis