Jeffrey Gundlach compares the AI boom in stocks to the dot-com bubble — and warns of economic pain

Jeffrey Gundlach has warned the AI-crazed stock market reminds him of the dot-com bubble — and predicted a painful mix of stubborn inflation and economic decline lies ahead. "This feels a lot like 1999," DoubleLine Capital's CEO said on an X Spaces conversation this week. The billionaire investor noted the Nasdaq index surged 80%...