Jeffrey Gundlach is the CEO of DoubleLine.
The images were provided by CNBC and the Getty Images.
Some of the world's top investors say more is on its way after January saw a fair share of market volatility.
Tech stocks have plummeted at the start of the next decade, as investors bet that the Federal Reserve will hike interest rates aggressively, bringing an end to the era of easy money that has lifted risky assets.
Investment legends Jeffrey Gundlach and Byron Wien are among those who think markets are in for a wild ride as the Fed tries to get a grip on inflation, which is at its highest in 39 years. Here's what they have to say.
Jeffrey Gundlach thinks there will be a recession.
Jeffrey Gundlach, the "Bond king" and founder of DoubleLine, told Yahoo Finance last week that he thinks the US will enter a recession in the next two years. He said markets have a lot to be concerned about in the coming months.
He told Yahoo's Brian Sozzi that investors should worry about the Fed's new quantitative easing. The valuation of stocks is also worrisome.
He said that the bond market is showing enough of a recession indicator to suggest that it will happen by 2023.
According to Gundlach, a recession could come in the later part of the year.
The investor said that when the central bank started tightening, there was an instantaneous bear market.
The stock will fall close to 20%.
The former head of US investment strategy at Morgan Stanley said last week that stocks are going to plunge in 2022.
His first point in the Ten Predictions note was that there is a correction that does not exceed 20%.
The S&P 500 will flatline this year, but Wien still thinks that the stock market will recover. He thinks the Fed will have to raise interest rates four times.
9 of the 30 high-conviction global stocks that are set to dominate the market in 2022 are expected to provide returns above 40% and 1 is set to surge over 200%, according to a new report.
Jim Paulsen thinks a correction is way too late.
Leuthold Group's chief strategist, Jim Paulsen, told CNBC in November that he thinks a 10% to 15% decline in stocks is on the way in 2022.
He said that they were going to get a correction. I would be trying to get away from the S&P 500.
He said that investors should think about moving away from stock in fast-growing tech. They should look at companies that fare better when the economy is doing well.
Chris Harvey of Wells Fargo thinks stocks will fall by summer.
Chis Harvey, head of equity strategy at Wells Fargo Securities, predicted that US stocks would fall 10% before the summer.
There will likely be more pulls in this market. He said in a note published last week that the market mentality fails investors in the year 2022.
He said that the Republicans should take Congress in the upcoming elections, which would set the stage for a late rally in the S&P 500.
Business Insider has an original article.
