In this Money Life conversation, DoubleLine Fixed Income Strategist Ryan Kimmel visits host Chuck Jaffe to speak about growing concerns over the reliability of U.S. economic data and its implications for markets. Mr. Kimmel explains why Bureau of Labor Statistics employment reports have become more prone to revisions due to declining response rates and increased reliance on statistical models, and how distorted labor market data can influence Federal Reserve policy, market volatility and recession forecasting. Their discussion also explores why traditional economic signals have been less reliable in the post-COVID-19 cycle, touching on rolling sector downturns, uneven job growth, tariff impacts and the role of alternative data in assessing the broader economic outlook.
Mr. Kimmel joined DoubleLine in 2013. He is a Strategist on the Macro Asset Allocation team and Fixed Income Asset Allocation (FIAA) and Global Asset Allocation Committees. He also co-hosts DoubleLine’s weekly Minutes (Twitter @DLineMinutes, Minutes@Doubleline.com) podcast. Prior to DoubleLine, Mr. Kimmel was a Proprietary Trader at Gelber Group, trading currencies for the Foreign Currency Group. Prior to that, he was an Investment Banking Analyst in Morgan Stanley’s Mergers and Acquisitions Group. Mr. Kimmel holds a B.A. in Business Economics from the University of California, Los Angeles (UCLA), and holds an MBA from the Anderson School of Management at UCLA.
