*This post contains a link to an external podcast. DoubleLine is not affiliated with Barron’s, and any opinions expressed are those of the speakers.*
DoubleLine Deputy CIO Jeffrey Sherman joins Barron’s Senior Managing Editors Lauren Rublin and Ben Levisohn to discuss navigating markets “in the fog” amid limited economic data and persistent inflation. Sherman shares his perspective on the Fed’s cautious stance toward further rate cuts, the ongoing tension between inflation and a cooling labor market, and what it all means for bond investors. Lauren then turns to Ben for a brief company earnings review (15:21–27:12) before returning to Sherman, who fields audience questions and highlights DoubleLine’s focus on quality credit, agency mortgages, and shorter maturities while avoiding high-risk debt. He also offers practical insights on TIPS, market liquidity, and fixed income education for investors.
Jeffrey Sherman, DoubleLine’s Deputy Chief Investment Officer, is a thought leader, portfolio manager and public speaker in the industry. Mr. Sherman is a member of DoubleLine’s Fixed Income and Global Asset Allocation committees, and he serves as lead portfolio manager for the firm’s multi-sector and derivative-based strategies. In his role, Mr. Sherman guides the investment teams in developing top-down macro views and collaborative asset allocation processes throughout a market cycle. Additionally, he is a member of DoubleLine’s Executive Management Committee. In 2018, Money Management Executive named Mr. Sherman as one of “10 Fund Managers to Watch” in its yearly special report. Prior to joining DoubleLine in 2009, Mr. Sherman was a Senior Vice President at TCW, where he worked as a portfolio manager and quantitative analyst focused on fixed income and real-asset portfolios. Prior to that, he was a statistics and mathematics instructor at the University of the Pacific and Florida State University. Mr. Sherman taught Quantitative Methods for Level I candidates in the USC/CFALA CFA® Review Program for many years. He holds a B.S. in Applied Mathematics from the University of the Pacific and an M.S. in Financial Engineering from Claremont Graduate University. Mr. Sherman is a CFA® charterholder.
