Bloomberg Market Wrap 1/8: Russell 2000, Gundlach's Calls

The video discusses the recent performance of the Russell 2000 index, highlighting a 7.2% increase over three days, the best since November 2016. The analysis suggests that the rise is driven by investor sentiment rather than fundamental changes, with potential volatility ahead. The video also covers Jeff Gundlach's market predictions, reviewing his accurate calls on the S&P 500 and Euro STOXX 50, while noting some missed predictions, such as the dollar rally and commodities. Gundlach's upcoming webcast is anticipated for insights into 2019 market trends.

What does an RSI above 70 typically indicate in technical analysis?

• The asset is oversold

• The asset is at fair value

• The asset is undervalued

• The asset is overbought

What was the primary driver behind the recent rally in the Russell 2000 index?

• Fundamental economic changes

• Investor sentiment

• Government policy

• Corporate earnings

What was one of Jeff Gundlach's accurate predictions for 2018?

• A decline in the S&P 500

• A rally in the Euro STOXX 50

• A short-term rally in the dollar

• A rise in commodity prices

Which index did Jeff Gundlach describe as a 'value trap'?

• S&P 500

• Russell 2000

• Euro STOXX 50

• Dow Jones Industrial Average

What was one of Jeff Gundlach's missed predictions?

• A rally in the S&P 500

• A rise in commodity prices

• A fall in corporate credit

• A decline in the dollar