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“Bond King Jeffrey Gundlach Warns of Economic Troubles and Dollar Crisis, Predicts Recession”

Jeffrey Gundlach, known as the “Bond King,” has sounded the alarm on several fronts, cautioning about the state of the US economy, the risk of recession, and the looming dollar crisis. Speaking at the Future Proof conference, he pointed to signs of economic weakness, unsustainable government spending, and the potential for the US to face fiscal challenges. Gundlach also predicted a significant decline in the dollar’s value and a possible shift away from the US currency, in line with global de-dollarization trends.

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“Hedge Fund CEO Prefers Hiring Non-Finance Professionals, Emphasizes Math and Work Ethic”

Peter Brown, the CEO of Renaissance Technologies, a renowned New York-based investment management firm, has revealed his preference for hiring individuals without a finance background. Brown believes teaching mathematicians about the markets is more accessible than educating finance experts in mathematics and programming. During a podcast discussion, he recounted giving an employee a pay raise to call them late at night, emphasizing the importance of math, programming skills, a strong work ethic, and a collegial work environment in his hiring approach.

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