Bond king Jeff Gundlach says Warren Buffett\'s ditching of US airline stocks is a \'big deal\' and means the \'genie is not going back in the bottle\'

Bond king Jeff Gundlach says Warren Buffett's ditching of US airline stocks is a 'big deal' and means the 'genie is not going back in the bottle'

Business Insider Monday, 4 May 2020 ()
Bond king Jeff Gundlach says Warren Buffett's ditching of US airline stocks is a 'big deal' and means the 'genie is not going back in the bottle'· *The billionaire bond investor Jeffrey Gundlach said Warren Buffett's ditching his entire stakes in US airlines corroborates the "economic genie is not going back in the bottle" thesis. *
· *In a tweet Sunday, Gundlach said the airline bail is "a big deal" and related it to Buffett's doubling down on bank stocks during the...
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News video: Warren Buffett Hosts His Annual 'Woodstock For Capitalists,' But Virtually

Warren Buffett Hosts His Annual 'Woodstock For Capitalists,' But Virtually 00:35

Billionaire investor Warren Buffett discussed a range of topics at Berkshire Hathaway's annual meeting on Saturday. The Berkshire Hathaway CEO hosted the virtual event and answers questioned posed by journalists. Berkshire Hathaway recently posted a record quarterly loss of about $50 billion,...