While most investors believe another rate hike is on the way, DoubleLine Founder and CEO Jeffrey Gundlach is not one of them. During Yahoo Finance Invest, Gundlach told Executive Editor Brian Sozzi “I think the Fed has stopped raising interest rates, I don’t think they’re gonna do it again.”
The uncertainty surrounding the Federal Reserve this year has caused ripple effects in the markets, raising concerns about just how all of this will end. Gundlach explained his biggest concern right now, saying, “What worries me the most is the concept of higher for longer.” He explained that he does not think the Fed will cut rates in 2024, rather they will stay higher for longer, or “the economy will noticeably weaken, and they will do what they always do, and that is cut interest rates much more rapidly than they raised them.”
Gunlach also spoke about the 2024 election, the economy, consumer spending, and why he is concerned with the bond market.
#youtube #yahoofinance #recession
Click here to watch more from Yahoo Finance Invest.
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
Everyone keeps moving the goal posts with these recession predictions. What’s the penalty for being wrong? Or does everyone get a turn guessing until eventually someone will be right…smh
Lol ikr
And when it happens they will say yeah I predict it, but it came alittle late 😅
Most of the analysts and or managers giving forecasts are responsible for deploying their clients capital. If they turn out to be wrong about where the market goes (not that it matters in the short term), clients will withdraw their money from these managers funds. Clients taking their money out of your fund during a drawdown would be terrible.
But I agree the constant indecision about where things are headed is annoying. Unfortunately a lot of these professionals are paid to keep saying things. So here we are with another video about macro forecasts 😩😩😩😩😩😩😩😂😂😂😂😂
@Leon Genesis 1000%
.I’ve been quite unsure about investing in this current market and at the same time I feel it’s the best time to get started on the market. i was at a seminar and the host spoke about making over $972,000 within 3 Months with a capital of $200,000. I just need creative ideas to afford my retirement
After watching so many tutorials video about trading I was still making loses until ALEX L ORLOFF started managing my investment’s now I make $18,567 weekly.
Yes I Agree, I’ve been talking to ALEX L ORLOFF for long now, mostly because I lack the knowledge and energy to deal with these ongoing market circumstances. there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring
Run a quick online research with his name
This guy has been warning about a recession for 10 years.
Thanks bud for keepin us financially
Educated! Regardless of how bad it gets on the economy, I still make over $20,000 every single week.🎉🎉🎉🎉🎉🎉🎉🎉🎉
After I came across investment platform of Mrs Charlotte Bates my financial life has totally changed. I’m not bothered about the market fluctuations.
There is her line!!!! look down under this comment!!!! 🆗
十𝟏𝟐𝟔𝟐𝟑𝟑𝟐𝟎𝟐𝟑𝟒👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👆🏻👆🏻👆🏻👆🏻👆🏻👆🏻👆🏻☎️☎️☎️☎️☎️☎️☎️人人人人人人人人人人人人這樣複製它，𝐘𝐨𝐮𝐓𝐮𝐛𝐞令人沮喪
Trust me they’re awesome they’ve managed my investment so well and my weekly returns mind blowing
if only the FED had followed Jeff’s advice🤣🤣🤣
He knows the best
That’s why he owns the world
Oh wait
😂
He’s wrong, the fed should have listened to ME! 😂
A genius
Jeff is schooler, gentleman and wiseman. 👏
He has been warning recession from a long long time. Missed a lot of bull market scenarios
After the biggest money printing in world history, things get delayed.
He was also wrong on interest rate prediction. I am wondering why there is such a hype about him.
Facts
Fed need to relax
So hes saying fed will cut rates and raise again to like 6% because of inflation? As if thats not going to increase govt interest expenses even more which is his primary argument? I agree with him on some of the things but hes wrong about rates going back up, its clear recency bias…fed will cut rates and do qe if theres a recession but theres a good chance it won’t create inflation because that money won’t go to real economy just like after 2008…it will likely inflate asset prices though.
republicans added nearly eight trillion dollars to the deficit under the former president. don’t act like they are the fiscally responsible party.
Preach !!! telling it like it is!!
Republican in the White House to get down spending…damn, he had me going there for a minute. They spend like druncken sailors, while cutting taxes for the rich.
I’m a fiscal conservative and I agree.
Lmao…yeah Biden and his MMT cronies are GREAT with the debt. Obama raised the debt by a larger amount than any other president ever
MMT does predict inflation if spending is too great.. might want to research that theory a little more before being so confident..
MMT is a joke
@masterstacksa joke that the US has been effectively operating with since 2000
Exactly… having the Fed buy the treasury debt is basically just issuing new dollars.. all of these “old school” guys do not focus on the actual issues and spend their lives worry about the US’s debt.
So his math logic is to invest in non US emerging markets?
The fool said the same a year ago! Recession Q2 2023!
Oh we have been in a recession since Q2 1/2 2023 because there is always a look back that is unknown until a recession ends.
I’m thinking small depression.
Date of this interview would be a useful information
S&P 500
Has been through all the problems and more
Just buy SPY or VOO through thick and thin
it depends on your time horizon. If you have 15-20 years, yeah, keep buying SPY. if you have 5 years until you retire, that might be tricky. If you bought SPY in 2001, you did not break even until 2014. That might happen again since our SPy100 is still overvalued
When gov debt rolls over at higher rates and interest payments take up a majority of the fiscal budget, senior citizens are screwed. Either the gov defaults on treasury bonds, or they default on seniors entitlements, or they print non-stop and inflation takes off. The first 2 scenarios are scary, but it would be sharp and quicker. Sadly, the 3rd inflation scenario is the scariest. Consumer behavior will change and it would take a decade or more to dig out of that. That is the great depression 2.0 scenario.
Or the government could stop spending on welfare and illegals.
A fact is a fact, if they don’t get living expenses down which includes real estate, everything will remain fucked
Interest rates are going higher for sure!
“worried about the fiscal situation” not here in sweden. Our indebted business leaders wants the government to borrow like drunken sailor. You guessed it: by the script, which is infrastructure and other cornered markets, such as uranium.
But as the state probably will have to bail out the real estate market, just as they did in 1991 when the real estate morons last borrowed on the international bond market that was flush with inflating currencies; the dollar, they will probably wreck the gov economy for the next two decades.
Oh ..Nice to know that US government made US taxpayers fill the Ukrainian Oligarchs pockets with their hard earned dollars.😢
Super interesting interview ❤
what about that cool piece of art behind him…
I’ve been hearing a lot about the potential for a Treasury bond collapse lately. It’s got me worried about how it might affect my portfolio. I have $500,000 invested in bonds, and a big chunk of that is in Treasuries. My stock portfolio has taken quite a hit, I have lost almost $150K in my stock portfolio. It’s been quite a rollercoaster ride
I share your concerns. A Treasury bond collapse could lead to rising interest rates, and that could negatively impact bond prices. I would suggest you employ the services of an investment experts or advisors with experience since the 08′ crash
A lot of folks downplay the role of advisors until being burnt by their own emotions. I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.
this sounds considerable! think you know any advisors i can get on the phone with? i’m in dire need of proper portfolio allocation
I’ve shuffled through a few advisors in the past, but settled with ‘Nicole Desiree Simon her service is exemplary and she’s a genius in portfolio diversification. I’d suggest you research her further on your browser, sure you’ll find her basic info.
Appreciate this recommendation, hopefully I can get some insight to where the economy is headed and strategies to beat inflation with when I hear back from Nicole
B2 gold 🌙
Extraordinary interview!
We are in a recession already! In October my sales in 5 states collapsed like in February 2021…
Legend as always.
Let’s GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!
really in 2024? you’re worst then a weather channel, or a traveling Gibsy, it’s not a prediction if you predict it every year a recession.
imagine your life as a climatologist predicting weather, and every day you go on TV and say something like this week it is a higher chance than last week to have a rain, and on Sunday night there is no rain as of yet, and again you go on TV and say next week I think we will see rain, and that still does not happen. how many times do we need to listen to such Cassandras before telling them STFU
It’s about time that YF has someone on that tells the truth about our economy and government.
This guy doesn’t understand modern money theory….it states specifically that overspending causes inflation.
The CENTRAL BANKS GLOBALLY are stockpiling physical GOLD as we speak – and have been for the last 3 years ! Physical silver is THE most undervalued commodity on earth – the country of India last year purchased 40% of the earth’s total mining supply of SILVER for a reason !
He should run for president.
We could never have someone sensible like him. We couldn’t be so lucky.
No, he should do what is does well. He has zero experience in governing. That like saying a great baseball player should be a heart surgeon. Totally different expertise.
@E H I don’t believe in that theory. We have by FAR the most experienced guy running the country and his approval ratings are the worst of all time. Even 2/3 of Democrat leaning voters don’t want him to run. No candidate has ever been that bad.
Jeff saying that bond market is pricing in rate cut like 50 basis points. He disagrees and says fed not to cut. But then later he says if things turn bad then the fed to cut rates. And too adds he thinks to go into a recession so a bad thing. So this contradicts his first thinking on fed not to cut. So bond market movers are correct with thinking fed to cut. Am i not getting this contradiction right from talk here?
When US treasury is so deep in hole things cannot be as normal as they appear. When things start to move, unbelievable moves will happen quick.
Imagine if there was a US President who had a balanced budget for not one, but the last FOUR years of his administration. Definitely an impossibility. Right? Funny I never hear his name mentioned when these right wingers discuss the deficit.
Get a Republican in the White House will save us? BOTH parties have been guilty of inflating the debt bubble. Don’t forget it was Reagan’s administration that gave rise to the phrase “deficits don’t matter”
This is what happens when Republicans keep cutting taxes 😢
I have been in the market for more than 3 years before I realized I was just dumb to hold. When everything started to tank, I lost more than $37,800. Managing money is different from accumulating wealth. I’m happy to have discovered this and a way to get my money back at approximately $10,600 per week in profits. Even while I still have responsibility for my decisions, I now consider myself to be a better investor because I am more aware of the potential pitfalls.
Totally get what you’re saying. It’s really hard to keep up with every single market trend and opportunity. And $10,600 per week in profits? That’s impressive! Definitely sounds like you have someone great advising you.
I’m genuinely curious, who has been guiding you in your investment journey? My own investments have been rather sluggish, and it seems like seeking professional guidance, as you did, might be the better approach.
Linda Renae Allman.
Linda has been extraordinary with her guidance. Her insights and strategies are top-notch. You can find more about her and her impressive track record online. She’s been a game-changer in refining my investment approach.
Thank you for sharing! I will definitely look into it. Having expert guidance seems to be crucial in navigating the complexities of the market Caroline