The Insurance That Poses a Hidden Threat

Another financial crisis is inevitable, the only question is what will ignite it. Will it be what Jeffrey Gundlach, the founder of the $75 billion fixed-income hedge fund DoubleLine Capital, worried about this week at the Sohn Investment Conference, namely that the Federal Reserve’s continuing and successful five-year campaign to drive down short-term interest rates has forced yield-hungry investors to misprice risk in a never-ending quest for higher returns?..READ MORE