Markets

admin April 24, 2018

Jeff Gundlach, the billionaire investor, isn’t buying Mark Zuckerberg’s apology tour. Gundlach, known as the king of the bond market, urged investors to bet against Facebook (FB) stock because of the risk that the company’s user data crisis will trigger a government crackdown. “Equity bubbles get popped by regulation,” he said on Monday at the […]

admin April 24, 2018

Aluminum stocks are plunging after the United States said it would consider relaxing sanctions against a Russian company. The Treasury Department imposed sanctions earlier this month on Rusal, the second-largest aluminum producer in the world, as part of a crackdown on Russian oligarchs. Rusal is controlled by Oleg Deripaska, who has ties to Russian President […]