Gundlach Warns of Private Credit 'Garbage Lending'
Update: 2025-11-18
Description
Financial expert Jeffrey Gundlach warns of garbage lending in private credit, likening it to credit cockroaches. He suggests investors limit stocks to 40% and fixed income to 25%, favoring short-term government bonds and non-dollar options. Gundlach also predicts major government action on U.S. national debt within five years, potentially leading to a radical change in the financial system.
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