Posted by Larry Doyle on May 6th, 2014 6:59 AM |
When I want to know where interest rates are headed, the one individual I listen to more than any other is Doubleline’s Jeffrey Gundlach.
What is Gundlach thinking now? He is decidedly cautious on our economy and increasingly believes that interest rates may move lower from current levels. He had recently opined that there is a growing chance that we revisit the lows in rates seen 2 years ago. The 10yr US Treasury rate currently sits at 2.6%. The low was touched in 2012 at approximately 1.4%.
Let’s navigate and listen to this Sense on Cents Hall of Famer talk about the economy, rates, and also why he is bearish on housing and homebuilders:
Please order a hard copy or Kindle version of my book, In Bed with Wall Street: The Conspiracy Crippling Our Global Economy.
Please subscribe to all my work via e-mail.
The opinions expressed are my own. I am a proponent of real transparency within our markets so that investor confidence and investor protection can be achieved.
Posted by Larry Doyle on June 5th, 2013 9:37 AM |
A perennial Sense on Cents All Star and Hall of Fame inductee, Doubleline’s CEO Jeff Gundlach, presented an investment webcast yesterday.
I welcome sharing the slides utilized by the premiere investment manager in the business as he spanned the globe in his presentation dubbed, “What in the World Is Going On?“
Anybody with even a passing interest in understanding what is happening in our global economy will want to take anywhere from 5 minutes to many hours to absorb what can only be described as a treasure trove of invaluable and informative analysis.
Gundlach’s presentation provides an overview of the following and much more:
Posted by Larry Doyle on May 3rd, 2013 7:42 AM |
Regular readers know how highly I regard the prescient investment insights of Doubleline’s Jeffrey Gundlach.
A month ago, Investment News laid out 10 Spot On Predictions by Mr. Gundlach. His uncanny calls on specific market sectors and timing include:
Treasurys Will Rally, April 2011
Go long Japan, short the yen, December 2012
Natural gas is the new gold, April 2012
Bullish on equities, March 2009
Told people to get out of Apple’s stock
Warned investors on sub-prime market, April 2007
Heck, Gundlach even provided a tip to police that helped them solve an art heist from his home. So what is this savant thinking now about the bond bubble, US Treasury market, stocks vs bonds, inflation, interest rates, QE, and real estate?
Posted by Larry Doyle on April 10th, 2013 8:21 AM |
What is the finest mind in the market thinking now?
If I had a nickel for the number of people on Wall Street whom I have heard say that they had all the right trades but not necessarily at the right time, then I would have a lot of nickels.
Very simply, trading and investing are not simply about being in the right place in the market. Successful trading and investing are about being in the right places at the right times. Who gets this? Doubleline’s Jeff Gundlach who recently shared his visionary “must read” insights. (more…)
Posted by Larry Doyle on December 19th, 2012 6:05 AM |
Last week I shared with readers a written “playbook” provided by Jeff Gundlach and his team at Doubleline in my commentary, What Is Really Going On in the Economy/Markets?.
Today we get to invite Mr. Gundlach “into” our office so to speak and hear his piercing insights. If you have an even passing interest in the markets and economy, get yourself a second cup of coffee and some pain medication as you absorb this 20-minutes worth of wisdom that will surely help you navigate the economic and market landscape in 2013 if not beyond. What does Gundlach address? (more…)
Posted by Larry Doyle on December 12th, 2012 11:58 AM |
There is a reason that Jeff Gundlach and team at Doubleline have gone from zero to $50 BILLION in assets under management in a shorter time frame than some people can go to the bathroom and get back to their desk. What is that reason?
In my humble opinion, Gundlach and his colleagues have an uncanny ability to be three steps ahead of the competition while scanning the global economic and market landscape from a 360 degree angle. What makes them even more unique? (more…)
Posted by Larry Doyle on December 1st, 2012 9:00 AM |
The world of finance is largely centered on this American institution. In thinking of finance and markets, many are prone to think of annualized returns, measures of volatility, economic models, and so many more statistical facts and figures.
Robust numerical analysis is critically important to successfully navigating our economic landscape. While the numbers are important, from my standpoint, what makes Wall Street truly interesting are the people.
Let’s meet one of Wall Street’s sharpest minds and perpetual top portfolio managers, Doubleline’s Jeff Gundlach, who was profiled recently by Bloomberg. Gundlach has lots to say and never disappoints. What lies ahead on our economic landscape and how will that play out in our markets?
Posted by Larry Doyle on August 25th, 2010 7:40 AM |
What is it that distinguishes the greatest athletes in sports, such as Michael Jordan, Bobby Orr, Wayne Gretzky, Peyton Manning, Magic Johnson, Larry Bird? While these ‘best of the best’ have and had many extraordinary athletic skills, those who love the game know that these world class athletes were able to see exceptionally fast moving action in slow motion. (In Manning’s case, he still does!!) As such, they played the game three steps in front of their teammates and four steps in front of the competition. As a result, special things happened.
In the world of investing, there are a handful of investment managers who possess similar instincts. Jeff Gundlach of DoubleLine Capital is one of them. Two months ago, Jeff was the keynote speaker at a Morningstar conference. Let’s roll the tape, as I highlighted Jeff Gundlach Sees 10Yr Treasury Rallying to 2.5%:
3. What does Gundlach predict for government bonds?
He said there hasn’t been a single day when the U.S. government bond market has failed to be the beneficiary of risk concerns globally, especially over the euro. “And as long as that’s the case, the probability is the 10-year Treasury is going to go to the yield of two-and-a-half percent,” he said. “Which sounds very low, but it’s been there before. In Japan, when they were dealing with similar problems, the bond yield stayed below that level for 20 years. So the bond market outlook in government bonds, for the time being, is positive.”
Where was the 10Yr Treasury when Gundlach made this call? (more…)
Posted by Larry Doyle on June 23rd, 2010 9:42 AM |
Jeff Gundlach, CEO and CIO of Doubleline Capital, is delivering the keynote speech today at the Morningstar Investment Conference in Chicago. For a sneak peek at some of the pearls of wisdom and sense on cents that Gundlach will likely deliver, let’s review a Morningstar commentary shared with us by a good friend, Gundlach: Debt is Still the Problem:
1. What does Gundlach think about the government stimulus and its immediate and long-term impact on our economy? (more…)
Posted by Larry Doyle on May 28th, 2010 7:04 AM |
Sense on Cents is all about helping people understand risk. Would you know risk if and when you see it? How would you handle risk? Are there enormous hidden risks in the markets and economy today?
Jeff Gundlach, CEO and CIO of Doubleline, is an expert on assessing and managing risk. Thanks to a loyal Sense on Cents reader for sharing video clips from discussions Jeff Gundlach recently had with Morningstar’s Jason Stipp.
I guarantee you in the course of ten minutes and in reviewing four clips (European crisis, deflation, credit spreads, too big to fail asset managers) of Jeff Gundlach, you will be more well informed and prepared to effectively navigate the economic landscape.
1. DoubleLine CEO, CIO, and portfolio manager Jeffrey Gundlach says the European debt crisis is not close to being 50% priced into the market yet.
2. DoubleLine CEO, CIO, and portfolio manager Jeffrey Gundlach says deflationary forces of excessive debt remain the most important factor in the market today. (Video clip here)
3. DoubleLine CEO, CIO, and portfolio manager Jeffrey Gundlach says the covenants protecting investors have eroded very quickly in recent bond issuances, which will sow the seeds for bigger default problems and weaker performance in the future. (Video clip here)
4. DoubleLine CEO, CIO, and portfolio manager Jeffrey Gundlach says if Citigroup was too big to fail, then so much greater is the risk for asset managers operating with multiples of that market cap. (Video clip here)
Thanks again to Bud for sharing these clips of the top fixed income manager in the markets today, Doubleline’s Jeff Gundlach.