Jeffrey Sherman touted bonds over stocks and flagged signs of weakness in the US economy.
DoubleLine's deputy chief investor told Insider the Federal Reserve is an "enemy to everything."
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AdvertisementAdvertisementBonds are more enticing than stocks, the US economy is showing cracks, and the Federal Reserve is an enemy to investors, according to Jeffrey Sherman.
He warned investors against trusting the central bank to balance inflation and growth while also shoring up asset prices.
Persons:
Jeffrey Sherman, Sherman, —, Jeffrey Gundlach's, TCW, scrambles
Organizations:
Reserve, Service, Federal Reserve, Bank, Fed