DoubleLine’s Gundlach Warns of Fiscal Crisis in Next Recession
DoubleLine Capital chief executive Jeffrey Gundlach warned that the next US downturn could trigger a debt crisis that sends long-term Treasury yields sharply higher — defying decades of conventional wisdom that bonds will always serve as safe haven during times of economic strife.
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There was no immediate response from Denmark, which had reacted angrily to repeated suggestions by the president that the US might annex the territory.
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Football analyst and ESPN personality Kirk Herbstreit defended the network's decision to have Sen. Ted Cruz (R-Texas) on the network's flagship college football pregame show last week. "We had him on because they were going to be voting this week," Herbstreit told reporters on Friday, referring to the "Protect College Sports Act" (PCSA), a Senate...
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A trio of gun-toting thugs terrorized Central Park late Thursday -- robbing six people at gunpoint across four seperate incidences, police said.