Gundlach: The Fed’s “Recalibration,” 75 bps of Rate Cuts in ’24 and Portfolio Positioning Post-Cut

  Рет қаралды 60,274

DoubleLine Capital

DoubleLine Capital

Күн бұрын

DoubleLine CEO and Founder Jeffrey Gundlach joins CNBC’s Scott Wapner on Fed Day, Sept. 18, 2024, at DoubleLine’s downtown L.A. office to discuss the Federal Reserve’s half-point rate cut, which Mr. Gundlach forecast and supports. Other topics include:
- Why Mr. Gundlach thought the Fed should have cut in July.
- Mr. Gundlach: “I think the word of the day was ‘recalibration.’ (Fed Chair Jerome H. Powell) said it a lot of times that they’re recalibrating the rates. I think he seemed relaxed to me and cracked a couple of jokes, which you don’t see much from Mr. Powell.”
- Is the Fed concerned about cutting again in November right before the elections?
- Mr. Gundlach on recession prospects: “I still think there’s a good shot that the history books will say September of ’24 was the start of a recession.”
- Why Mr. Gundlach expects 75 bps of more cuts in 2024.
- How credit investors should react to today’s investment environment.
- Mr. Gundlach’s concern for future economic policy: “The problem that I worry about is that our responses to recessions have been incrementally more money printing.”
- Mr. Gundlach on the prospects for a golden age for fixed income: “The golden age for fixed income was a year ago, when spreads on high yield bonds were 500 over, and the base rate was at 5%.”
- Why Mr. Gundlach thinks private credit is in a bubble.
- Mr. Gundlach on the outlook for gold: “I think that the path of least resistance for gold continues to be up.”

Пікірлер
Gundlach: Consequential Voters. Inconsequential Fed.
24:16
DoubleLine Capital
Рет қаралды 22 М.
1984: Jeffrey Gundlach’s Macro Outlook
45:53
DoubleLine Capital
Рет қаралды 37 М.
amazing#devil #lilith #funny #shorts
00:15
Devil Lilith
Рет қаралды 18 МЛН
How Strong is Tin Foil? 💪
00:25
Brianna
Рет қаралды 66 МЛН
Wait for it 😂
00:19
ILYA BORZOV
Рет қаралды 11 МЛН
How You Can Still Capitalize On This 2024 Bull Market - Buy This Now!
46:37
Russel Napier: How to make money in a new investment landscape
40:25
SKAGEN Fondene
Рет қаралды 23 М.
Jeffrey Gundlach Speaks at the Buffalo AKG Art Museum
29:36
DoubleLine Capital
Рет қаралды 19 М.
Henrik Zeberg - Nasdaq Will Get Crushed!
54:43
Jimmy Connor
Рет қаралды 130 М.
Jeffrey Gundlach on CNBC Closing Bell: Fed Day
30:35
DoubleLine Capital
Рет қаралды 25 М.
Jeffrey Gundlach in Conversation with David Rosenberg | The Bond King Returns
1:12:53
amazing#devil #lilith #funny #shorts
00:15
Devil Lilith
Рет қаралды 18 МЛН