Gundlach: It’s a bear market…next leg down likely to be worse than Q4

In case you missed this interview in December, it offers a good overview of the current market and economic cycle as well as the impact of rate hikes and quantitative tapering already implemented.  Here is a direct video link.

My partner Cory Venable’s chart showing the head and shoulders pattern forming in the S&P 500 also suggests a more severe leg down could materialize as the right shoulder completes and stock prices break below the neckline.