Jeff Gundlach thinks junk bonds could be the next big blowup. Carl Icahn agrees. Others are pointing to the burst in non-traditional bond fund inflows and the proliferation of exchange traded products that traffic in some of the less liquid and more esoteric fixed income asset classes – like bank loans and such. Show More Summary
Jeff Gundlach of DoubleLine Capital was interviewed a short while ago by CNBC’s Scott Wapner at the “Discovering Alpha” investment conference the network is co-hosting in New York City, along with Institutional Investor. Gundlach, who famously shorted Apple in 2012, leading a raid on the stock that pushed it down by over 40% in a [...]
DoubleLine's Jeff Gundlach, mostly known for his expertise in the bond market, is short Chipotle. In an interview with CNBC at the Delivering Alpha conference, Gundlach revealed that he is short shares of the fast-casual Mexican restaurant chain. Show More Summary
Despite what Federal Reserve Chair Janet Yellen says, The Fed won't raise rates this year, bond investor Jeff Gundlach said at CNBC's Delivering Alpha conference on Wednesday. Every year its expectations from growth are "a triumph of hope over experience-like a second marriage," he said. Show More Summary
“The Shanghai Composite is an excellent leading indicator for the S&P 500.” –Jeff Gundlach
In a webcast for investors on Tuesday, DoubleLine Funds' Jeff Gundlach raised concerns about Americans borrowing lots of money against their homes. Home equity lines of credit (HELOC) are revolving loans, like credit cards, that are backed by the value of a borrower's home. Show More Summary
On Tuesday evening, DoubleLine Capital's Jeffrey Gundlach rattled of colorful new set of ideas, many of which cover prominent market stories for the second half of 2015.
Once a bubble pops don't expect another quick rise -- it can take years for a recovery. That's Doubleline Capital head Jeffrey Gundlach's message when it comes to the once-surging and now-cratering Chinese stock markets.
Most interest rate forecasters are wrong most of the time. Very wrong. The chart below is from Jeff Gundlach's presentation on Tuesday, comparing the US 10-year yield to median economist forecasts over the past five years. The black line is the 10-year yield, and the colored lines are the paths that economists thought rates would take. Show More Summary
"It's not good." According to DoubleLine Funds' Jeff Gundlach, that's really the only thing you can say about the boom and crash of the Chinese stock market. Even after its 28% crash since its June high, China's Shanghai Composite Index...Show More Summary
Jeff Gundlach doesn't think there's a good chance we'll see the Fed hikes rates this year. In his latest presentation on the economy and the markets, the so-called "Bond King" talked about the high-yield market, the Fed, and the potential...Show More Summary
DoubleLine's Jeff Gundlach is set to host his latest webcast giving an overview of his Total Return bond fund and the markets at 4:15 p.m. ET. Gundlach, often referred to as the "Bond King," holds these webcasts 4 times per year. And...Show More Summary
With the BEA set to double-adjust GDP prints in an effort to help eliminate the kinds of economic contractions “residual seasonality” that showed up in Q1, the statistically flourishing US economy should be deemed healthy enough to withstand...Show More Summary
Jeff Gundlach is the new Bond King. Last year, when the consensus overwhelmingly expected US 10 year yields to rise over 3%, he said they would instead fall under 2%. In the event, they fell to 1.65%.
Battered by Bill Gross and Jeff Gundlach, SocGen warns that the current correction in 10Y Bunds remains atypical from a technical perspective and bears the characteristics of a panic selling. Via SocGen, The successive weekly closing...Show More Summary
"The entire existence of the high yield bond market is during secularly declining rates," DoubleLine's Jeff Gundlach said. This was a key theme in his presentation titled "Summer Insects," which he gave late Tuesday to a room of investors...Show More Summary
Jeff Gundlach just spoke to investors at the New York Yacht Club and gave the following presentation, called "Summer Insects," a theme inspired by Chinese philosopher Chuang Zhu. Chuang Zhu's quote Gundlach used as a jumping off point...Show More Summary
The master has got some serious competition.
10Y German bond yields hit 42.5bps today (almost a 10x move off their 4.9bps lows on April 17th - before Bill Gross and Jeff Gundlach unleashed their bearish theses). While Draghi keeps buying, the move over the last week is 'almost' unprecedented in bond market history. Show More Summary
As first Bill Gross and then Jeff Gundlach suggest shorting German bonds, so it appears the message has sunk in that at 4.9bps 10 days ago, 10Y Bund yields were the short of a lifetime. Since then they have soared, with a dramatic doubling today from 14bps to over 29bps - the highest yield in 7 weeks. Show More Summary