Is the S&P 500 Really In a Bear Rally?

The Standard & Poor’s 500 Index has about 2 percent upside and 20 percent downside, making for a lousy risk-reward trade-off, according to money manager Jeffrey Gundlach. Betting on stocks is a “big losing proposition,” Gundlach said Tuesday during a webcast. The recent rebound is a “bear market rally,” he said. Gam Investment Director Tim Haywood discusses with Bloomberg’s Anna Edwards on “Countdown.”

Full Show: Surveillance (08/04)
55:10 - Bloomberg Surveillance hosted by Tom Keene, Guy Johnson, and Mark Barton. Guests include Tony Crescenzi, portfolio manager at Pimco, Former FBI Assistant Director Bill Gavin, and Themos Fiotakis, co-head of FX and rates strategy at UBS. (Source: Bloomberg)
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