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Hey, I Wonder What His IQ Is...
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Billion-Dollar Investment Firm Believes the Stock Markets Mood Is Currently Being Driven by Bitcoin
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Woman Meets The Man She Falsely Accused Of Rape And Spend 14 Years In Jail For It
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Muslim Father Attempts To Honor Kill His Teenaged Daughter By Choking Her In Front Of Her School In Washington State
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Undercover Cop Nearly Gets Scalped By A Suspected Swinging A Machete, Fills Him Full Of Lead
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Steamer Vitaly Catches Hollywood Screenwriter Who Wrote Sweet Home Alabama Trying To Have Sex With A Boy He Thinks Is 15
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Officers break glass door to free buck from room of 103-year-old woman
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Terrifying Video Shows Two Pitbulls Attacking Young Children At A Playground
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Want to know where stocks are going next? Jeffrey Gundlach says take a look at bitcoin.
"Strangely, bitcoin seems to be the poster child for social mood and market mood," Gundlach, founder of DoubleLine Capital, told CNBC's "Halftime Report" on Friday. "We had a vertical rise from Sept. 7 which was led and epitomized by bitcoin. Bitcoin started at about $4,500 and went up to about $20,000 or so."
"Bitcoin peaked out in mid-December and it crashed. That sort of presaged the volatility in the stock market," he said, noting the cryptocurrency has stabilized recently. "If stocks are going to take another tumble, I think it would be preceded by a bitcoin decline."
