The retired Pimco co-founder warned investors about the gambling spirits sweeping markets.
Baron Capital is one of the last remaining holdouts on exchange-traded funds.
The DoubleLine Capital CEO said the Fed will likely cut rates a total of 125 basis points by the end of the year.
Leveraged ETFs may be exerting their biggest influence ever on the broader marketplace, Morgan Stanley analysts say.
Equity and bond markets are assigning a 41% probability to a U.S. recession, according to Goldman.
Some tech ETFs are being hit by double-digit drops as global investors pile into havens.
Investors have “stopped being remunerated for caring about risks,” the Muddy Waters founder said.
Money managers have lavished cash on a panoply of strategies, only to get trounced by the S&P 500.
The rules-based allocation method dissects shares based on their traits.
Their bets on trends in Japanese stocks, AI darlings and cocoa have paid off.