Portfolio Manager Sam Garza hosts this DoubleLine macro talk with CEO-CIO Jeffrey Gundlach that begins with Mr. Gundlach recounting how an episode of “Lifestyles of the Rich and Famous” sparked his investment career. In the macro portion of this webcast, Mr. Gundlach discusses how analysts in 2023 misforecast the most expected recession ever (10:40), why when the recession does arrive it will be a “very, very ugly experience” (17:04) and how the Federal Reserve’s announced tapering of QT points the way forward on Fed policy strategy (20:00).
Topics that Mr. Gundlach also covers include his outlook for bonds in the medium term (22:31), how he would structure a portfolio in today’s environment (25:17), his thoughts on global assets (28:45), what he sees as the biggest risks to global markets (34:20) and the most important lesson he’s learned in his career (41:33). This discussion was recorded May 9, 2024.
22 май 2024
