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☆ DoubleLine's Jeffrey Gundlach reveals his trading strategy in this tricky market
▼ + stars: | 2023-03-27 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

"The optimal strategy is to reduce risk on strength," Gundlach said on CNBC's " Closing Bell " Monday. The markets just go from a mineshaft type of decline and that's true in the credit markets and I think it's true in other risk assets as well." The S & P 500 is now on a three-day winning streak, but Treasury yields rebounded dramatically Monday, putting pressure on technology names. He believes if the S & P 500 rises to the range between 4,200 and 4,300, it would be a good place for investors to sell. Gundlach also stood by his call for recession, saying a downturn will be upon us in a few months.

☆ Fed will have to 'capitulate' over interest rate hikes, says DoubleLine's Jeffrey Gundlach
▼ + stars: | 2023-03-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed will have to 'capitulate' over interest rate hikes, says DoubleLine's Jeffrey GundlachJeffrey Gundlach, DoubleLine Capital CEO, joins CNBC's "Closing Bell" to discuss the ongoing banking crisis and his forecasts for the economy and stock market.

☆ Jeffrey Gundlach sees ‘red alert’ recession signal and Fed cutting rates soon
▼ + stars: | 2023-03-24 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Gundlach points to the Treasury yield curve, which is rapidly becoming less inverted, and indicative of an economic downturn on the horizon. "UST 2 Year versus 10 Year is now inverted 40 basis points. Was 107 basis points just a few weeks ago. Earlier this month, the gap between the 2-year Treasury yield and the 10-year Treasury rate widened to more than 100 basis points, marking the most severe inversion since September 1981. Short-term lending rates above long-term rates have accurately foretold looming recessions for the past 50 years.

☆ 'Bond Kings' Bill Gross and Jeffrey Gundlach predict an imminent US recession as surging interest rates strangle growth
▼ + stars: | 2023-03-24 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Bill Gross and Jeffrey Gundlach expect higher interest rates to hammer growth in the near future. Bond yields signal investors' expectations for growth, inflation, and interest rates in the months and years ahead. The central bank is betting that higher rates will make borrowing more costly and encourage saving over spending, cooling price growth. He also declared in February that stocks are likely to underperform for a while, as higher rates are a drag on company valuations. Gross has previously jabbed at Gundlach over their shared nickname, labeling him the "self-anointed 'bond king'" in an October outlook.

☆ The Fed should stop hiking rates, says DoubleLine Capital's Jeffrey Sherman
▼ + stars: | 2023-03-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed should stop hiking rates, says DoubleLine Capital's Jeffrey ShermanJeffrey Sherman, DoubleLine Capital deputy CIO joins 'Squawk on the Street' to discuss his thoughts on Fed rate hikes.

Separately, two days of chaos in China's $21 trillion bond market ended on Friday after Beijing allowed money brokers to resume providing data to third-party platforms. Jeffrey Gundlach, CEO of DoubleLine Capital, said he considered selling Treasuries earlier in the week but the market was "wildly illiquid." Bond market volatility spikesKEEPING WATCHThe heightened volatility has caught the eye of officials who play a role in ensuring financial markets stability. Analysts noted that bond volatility was exceptionally high not only because of a flight to safe-haven government debt, but also due to a massive repricing of rate-hike expectations. "If liquidity is deteriorating due to wild swings in safe-haven markets, that has implications for the functioning of financial markets and broader economic stability."

☆ DoubleLine's Gundlach sees US recession within four months
▼ + stars: | 2023-03-16 | by ( ) www.reuters.com time to read: 1 min

NEW YORK, March 16 (Reuters) - Jeffrey Gundlach, the chief executive of DoubleLine Capital, said a recession could happen within the next four months, as recent U.S. bank failures have exacerbated the tightening of financial conditions caused by higher borrowing rates. "With all that's going on I think a recession is probably within four months at the most," Gundlach said in a Twitter Spaces audio chat on Thursday. Reporting by Davide Barbuscia; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ How to position your portfolio following the Silicon Valley Bank fiasco — and why markets are wrongly anticipating a Fed pivot — according to a researcher whose clients include Wall Street's top money
▼ + stars: | 2023-03-14 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Silicon Valley Bank and Signature Bank were shut by regulators in recent days. Following the collapse of Silicon Valley Bank and Signature Bank over the last few days, some market participants are expecting the Federal Reserve to back off from its hawkish stance. Goldman Sachs' Chief US Economist Jan Hatzius said on Sunday night that he expects the Fed not to hike rates at its next meeting before resuming them later in the spring. The Fed's next moves are relevant to recent events because higher interest rates contributed to the downfall of Silicon Valley Bank. For example, Jeffrey Gundlach, the CEO of DoubleLine Capital, told CNBC on Monday that the central bank will hike rates by 25 basis points at its next meeting.

☆ Jeffrey Gundlach says Fed will hike funds rate next week to save credibility — but shouldn't
▼ + stars: | 2023-03-13 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6th, 2019. "I just think that, at this point, the Fed is not going to go 50. I would say 25," Gundlach said on CNBC's "Closing Bell" Monday. While Gundlach, sometimes called the "bond king" sees more tightening ahead, he doesn't necessarily think that's the correct response right now. The widely followed investor also warned that the rapid steepening of the Treasury yield curve after a sustained period of inversion is highly indicative of imminent recession.

☆ The bond market's recession warning has gotten more urgent
▼ + stars: | 2023-03-13 | by ( Patti Domm | In | ) www.cnbc.com time to read: +5 min

The bond market is sending a more urgent recession warning and also signaling that the Federal Reserve may have to pause raising interest rates — giving up its fight against inflation. The sharp move in the 2-year yield also resulted in a rapid steepening of the yield curve. "The steepening always starts to happen because the market expects the Fed to cut rates in response to that recession." DoubleLine Capital CEO Jeffrey Gundlach also said the "aggressively steepening" of the Treasury yield curve after inversion is "highly suggestive of imminent recession." The 2-year yield jumped above 5% after he spoke.

☆ The Fed plans to keep hiking, but Australia is set to pause as it warns of recession risks
▼ + stars: | 2023-03-08 | by ( Jihye Lee | ) www.cnbc.com time to read: +3 min

Brook Attakorn | Moment | Getty ImagesAs Federal Reserve Chair Jerome Powell hints at bigger and possibly faster rate hikes ahead, Australia's central bank could be headed toward a different path. 'Plurals are gone'Comparing the wording from the central bank's previous meeting, Commonwealth Bank of Australia economist Gareth Aird said a pause could come as early as April. "Markets should treat the April Board meeting as 'live' and the RBA could pause," he said in a note shortly after the central bank's announcement. "The reference to assessing 'when' means that the RBA Board has not yet made their mind up around increasing the cash rate in April," he said. Divergence of rhetoricThe Australian dollar hovered at the weakest levels not seen since November 2022 after the central bank's decision.

☆ 'Bond King' Jeffrey Gundlach warns of jumbo rate hikes because the US economy is too hot
▼ + stars: | 2023-03-08 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +3 min

Billionaire investor Jeffrey Gundlach says the Fed is "very likely" to raise interest rates by 50 basis points at its next meeting. The "Bond King" pointed to a strong US economy that could trigger an acceleration in inflation again. That would mark a reacceleration of monetary tightening in the US, from February's increase of 25 basis points that was the smallest since early 2022. According to Gundlach, the fed funds rate has tracked the 2-year Treasury yield over the years. "If it comes in at or above expectations, I think it's a lock that the Fed's going to go with 50 basis points at a minimum."

☆ DoubleLine’s Gundlach says the Fed is 'very likely' to hike rates by half point this month
▼ + stars: | 2023-03-07 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

DoubleLine Capital CEO Jeffrey Gundlach said it's "very likely" that the Federal Reserve will raise interest rates by half a percentage point at its next policy meeting. "We've had a very large increase in short-term interest rates and a further inversion of the yield curve. The sharp move higher followed Fed Chairman Jerome Powell , who said interest rates are "likely to be higher" than previously anticipated. The so-called bond king said the Fed funds rate has almost perfectly mirrored the 2-year Treasury yield over the years. "It's now corroborating the idea that the Fed will probably take the Fed funds rate up to 5% at the upcoming meeting," Gundlach said.

☆ DoubleLine Capital's Jeff Sherman breaks down bonds
▼ + stars: | 2023-03-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDoubleLine Capital's Jeff Sherman breaks down bondsJeff Sherman, DoubleLine Capital deputy CIO, joins 'Squawk on the Street' to discuss his thoughts on the bond market.

☆ Watch CNBC's full interview with Jeff Sherman of DoubleLine Capital
▼ + stars: | 2023-03-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Jeff Sherman of DoubleLine CapitalJeff Sherman, DoubleLine Capital deputy CIO, joins 'Squawk on the Street' to discuss his thoughts on the bond market.

☆ Soft, hard, or no landing at all: Here's what 5 Wall Street experts are saying about the fate of the US economy in 2023
▼ + stars: | 2023-02-25 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +7 min

Here's what five Wall Street experts are saying about the fate of the economy this year. Here's what five Wall Street experts are saying about the fate of the economy this year. Jamie Dimon, JPMorgan CEOJamie Dimon REUTERS/ Larry DowningA soft landing is possible, but markets are facing some "scary stuff" ahead, according to the JPMorgan boss. Kevin O'Leary, "Shark Tank" investorKevin O'Leary Mark Davis / Staff / Getty Images"Shark Tank" investor Kevin O'Leary remained optimistic on the market in 2023, and made the case for a soft landing. "We may actually get what people keep saying is impossible … a soft landing.

☆ 'Bond King' Jeffrey Gundlach tells investors to prepare for recession - and warns against trying to prevent a downturn
▼ + stars: | 2023-02-23 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Jeffrey Gundlach warned of a looming recession and advised investors to take precautions. Gundlach — whose nickname is the "Bond King" — is a billionaire investor and the boss of DoubleLine Capital. (Gundlach warned that tighter lending standards, a weakening economy, and low credit quality could lead to a spike in loan defaults.) We're pretty far away from that, but if that happens it suggests you're in more of a hard-landing type of recession." So the more you try to reduce the severity of problems, you're going to end up ultimately having a very high severity problem."

☆ Fed's Jerome Powell 'didn't fight back' against the stock market with his confident stance on inflation, says 'Bond King' Jeffrey Gundlach
▼ + stars: | 2023-02-02 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +3 min

DoubleLine CEO Jeffrey Gundlach said Fed Chair Jerome Powell didn't fight back against the stock market in his Wednesday speech. Powell radiated an air of confidence with his encouraging comments about inflation – and it resonated with investors. The US central bank hiked interest rates by 25 basis points on Wednesday as it pushes ahead with its fight against inflation. And he obviously did not fight back against market pricing," Gundlach said in a CNBC interview. That has proved successful in cooling inflation, with latest reading coming in at 6.5% - the lowest in over a year.

The central bank lifted its main funds rate by 25 bps to its highest since 2007 as it continued its fight against inflation. Yet the S&P 500 (.SPX) hit a five-month high, as traders focused resolutely on the idea that the world's most influential central bank would change course soon. Government bond markets meanwhile continued to price in rate cuts by year-end as the economic cycle turns. Over in Europe, the European Central Bank delivered a hefty 50 bps hike on Thursday and promised more of the same for March and beyond. "In terms of the impact of (central bank) hawkishness on markets," he added, "this has significantly softened."

☆ Watch CNBC’s full interview with Doubleline founder Jeffrey Gundlach
▼ + stars: | 2023-02-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Doubleline founder Jeffrey GundlachJeffrey Gundlach, Doubleline founder, joins 'Closing Bell: Overtime' to discuss Fed chair Powell's rate hike decision, inflation peaking and recession and market outlook.

☆ Billionaire 'bond King' Jeffrey Gundlach says the Fed will likely push back on the market's narrative that it will soon cut interest rates
▼ + stars: | 2023-02-01 | by ( Carla Mozée | ) www.businessinsider.com time to read: +2 min

Billionaire bond investor Jeffrey Gundlach sees the Fed dashing hopes that it could cut rates this year. "I suspect Fed messaging ... will push back against the pivot narrative," he tweeted Tuesday evening. Bond markets are indicating investors think the Fed will soon roll back rate hikes. "I suspect Fed messaging will push back against the pivot narrative and thereby current bond market pricing. Fed funds futures pricing suggests investors expect the Fed to start cutting rates mid-year – countering Fed messaging that it's planning to stay aggressive in its fight to cool inflation to its 2% target.

☆ Bond king Jeffrey Gundlach says he expects one more Fed rate hike
▼ + stars: | 2023-02-01 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

DoubleLine Capital CEO Jeffrey Gundlach said he sees one additional rate hike from the Federal Reserve before the central bank ends its tightening cycle. The Fed on Wednesday raised its benchmark interest rate by a quarter percentage point, taking its target range to 4.5%-4.75%, the highest since October 2007. The so-called bond king said Fed Chairman Jerome Powell had a "clarifying" statement at the press conference Wednesday, saying the real yields are positive across the curve. In Powell's press conference, the Fed chief said the central bank could conduct a few more rate hikes to bring inflation down to its target. Asked if Gundlach sees the Fed cutting rates this year, he said it's a coin flip, depending on the incoming inflation data.

☆ Investors are stampeding into boring old bonds to start the year
▼ + stars: | 2023-01-21 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

Yet boring old bonds have just about kept pace, as investors rush to lock in healthy-seeming yields after one of the worst years ever for fixed-income returns. The Federal Reserve's historically aggressive tightening campaign last year gouged debt portfolios but quickly rebuilt the supply of safe yield on offer for today's buyers. I made the case for bonds' value from this perspective in a column here three months ago , just as Treasury yields were peaking. The good news is that "real yields," meaning yields above the market's implied outlook for inflation, remain positive. The American Association of Individual Investors' monthly asset allocation survey for December showed bonds at 14.3%, below the survey's long-term average of 16%.

☆ Investors are jumping into bonds to start 2023, and these fixed income ETFs are hot
▼ + stars: | 2023-01-18 | by ( Jesse Pound | ) www.cnbc.com time to read: +3 min

The renewed interest in fixed income comes after 2022 proving one of the worst years on record for fixed income investing, leading some to wonder whether the traditional portfolio of 60% stocks and 40% bonds may have outlived its usefulness. Surging interest in bonds is evident in fixed income ETFs, where cash has been pouring in during the first two weeks of the year. Last year, a record of $266 billion of cash flowed into fixed income ETFs, according to BlackRock. The iShares JP Morgan USD Emerging Markets bond ETF (EMB) also makes the top 10. For investors who are more cautious about the macroeconomic picture, there could still be solid returns in safer corners of the bond market.

☆ Wall St Week Ahead U.S. investors hunt for gains in foreign stocks
▼ + stars: | 2023-01-13 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +5 min

Europe's STOXX 600 index (.STOXX) has gained some 17% since the end of the third quarter, versus 11% for the U.S. benchmark S&P 500. MSCI's gauge of global stocks excluding the U.S. has risen more than 20% over that time. The firm last month rotated more into international equities as it increased its overall stock exposure, de Longis said. US vs European stock performanceInternational stocks were recently touted by investor Jeffrey Gundlach of DoubleLine Capital and BofA Global Research, which projected global stocks would "crush" their U.S peers in 2023. Buying international stocks could be a "complement" to the opportunity domestically, said Mona Mahajan, senior investment strategist at Edward Jones.

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