Streetbeat News

Credit

SPY

Doubleline's Jeffrey Gundlach expressed his negative outlook on 30-year Treasuries, citing concerns that the deficit could spook investors in the coming years.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 6:06 pm

SPY

DoubleLine's Jeffrey Gundlach expressed concerns that the U.S. Treasury might be forced to restructure its debt in the future. He also highlighted that the Triple C bank loan market looks disastrous and that private credit appears too risky.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 5:39 pm

SPY

DoubleLine's Jeffrey Gundlach has expressed concerns over the rising interest expense on U.S. government debt, which could have significant implications for the broader market.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 5:29 pm

SPY

DoubleLine CEO Jeffrey Gundlach advises investors to avoid Triple C bonds, citing numerous recessionary signals in the economy. This cautionary stance reflects concerns about economic stability and potential market downturns.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 5:18 pm

FXI

SPY

U.S. officials acknowledge that China has made significant progress on debt restructuring but emphasize that more efforts are needed. This development could impact ETFs with exposure to Chinese markets.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 5:07 pm

MPW

Medical Properties Trust shares are trading higher following a report suggesting that the company is close to an agreement with financial institutions for a $800 million refinancing deal covering 27 UK hospitals operated by Circle Health on long-term leases.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 4:03 pm

MPW

Medical Properties Trust (MPW) is nearing an agreement with financial institutions for an $800 million refinancing deal. This deal covers 27 UK hospitals operated by Circle Health on long-term leases.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 3:56 pm

GLD

NVDA

QQQ

SPY

TLT

US business activity surged in May, with the fastest expansion in over two years, driven by both the services and manufacturing sectors. However, rising input costs raise concerns about achieving the Fed's 2% inflation target. Market reactions included declines in stocks and gold, and higher Treasury yields.

Portfolio Pulse from Piero Cingari

May 23, 2024 | 3:26 pm

JPM

Jamie Dimon, CEO of JPMorgan Chase & Co, has warned of a potential 'hard landing' for the U.S. economy, with stagflation being a serious threat. Despite low unemployment and rising wages, consumer confidence is low due to inflation. Dimon's comments come as the Federal Reserve considers raising interest rates to curb inflation.

Portfolio Pulse from Michael Cohen

May 23, 2024 | 1:37 pm

BABA

Alibaba is reportedly considering a $5 billion convertible bond sale, according to Bloomberg. This move could provide the company with additional capital for strategic investments and operations.

Portfolio Pulse from Charles Gross

May 23, 2024 | 10:25 am