DoubleLine CEO Jeffrey Gundlach: The base case for 2024 now is one rate cut

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Published 2024-05-01
DoubleLine CEO Jeffrey Gundlach joins 'Closing Bell' to discuss his reaction to the Fed's meeting and decision to leave rates unchanged.

All Comments (17)
  • @epimaz
    Wall Street trying to price in a crash. Let's see how this plays out.
  • @Caliblazeup
    Im a working man and bout to quit my job and No one needs to work in america anymore. Enjoy life instead without slavery from this government that dont care about you
  • @William1866
    One cut before the election. The fix is in.
  • @ChupraCumbra
    Gundam always Wrong just like Tom Lee 😂😂😂😂
  • @scottmccullo
    Keep an eye on the it balance sheet reduction . Chairman Powell said they would begin to slow its balance sheet reduction, or quantitative tightening program next month, which was launched in 2022 to shrink the assets it holds on its balance sheet. I am not sure the public understands the reasoning behind this move but it can do some damage .
  • @dr9gonkid20
    We work on lowering the interest rates and we'll really be in business
  • Apple devices and apple company is not granted or contempt to recieve grants from multiple governments for other investments
  • @aguyinavan6087
    7 rate cuts in Nov 2023. 5 Rate cuts in March 2024. The whole market ran with these expectations. Then in April JP saying rate cut in June/July. Now, no rate planned by fed. With the market running on all the rate cut expectations, we're at a major risk of a mass selloff.
  • Other markets of gas and other related resources are not contemplated with particular distribution ideals petroleum oil is of other countries by non banking and of no interests of united states stuff but i think other countries stuff like oil proposals is only thing relevant
  • This is a big deal. They have been on a summit summer. They have been doing that for years.
  • So tired of this guy, and somehow he’s “the” guy for post Fed meetings. Always commenting after the fact with the “oh yeah, like I called it” when all he says is a bunch of everything meaning he can play the “of course” role. Total word salad.
  • He must be disappointed just like bill ackman who said the fed will cut rates in march.