Gundlach expects the stock market to decline. "I'm very bullish on commodities in the longer term and very negative on the dollar longer term." Now he sees gold likely bouncing back in the longer term "because the selloff has been pretty powerful." Meanwhile, Mark Mobius, the founder of Mobius Capital Partners, isn't worried about higher yields affecting the stock market as historically there's "no clear correlation" between them. The relationship between Bitcoin prices and the tech market is very close.
Source: The Standard March 10, 2021 19:07 UTC