On Thursday, November 7, 2024, DoubleLine CEO Jeffrey Gundlach shares his insights on Fed Chair Powell’s remarks following the FOMC’s decision to cut the target federal funds rate by 25 basis points. Gundlach notes that Powell has aligned the fed funds rate with the bond market, anticipating another rate cut in December. He also discusses the implications of the U.S. election results on the stock and bond markets, and provides his outlook on interest rates, inflation and the broader economy.
Mr. Gundlach is CEO of DoubleLine. In 2011, he appeared on the cover of Barron's as "The New Bond King." In 2013, Institutional Investor named him "Money Manager of the Year." In 2012, 2015 and 2016, he was named one of "The Fifty Most Influential" in Bloomberg Markets. In 2017, he was inducted into the FIASI Fixed Income Hall of Fame. Mr. Gundlach is a summa cum laude graduate of Dartmouth College, with degrees in Mathematics and Philosophy.
