Junk bonds are signaling with clarion bells: Do not raise interest rates. Jeffrey Gundlach More Quotes by Jeffrey Gundlach More Quotes From Jeffrey Gundlach I don't often know where my ideas come from. Maybe it's the fact that I'm obsessively regimented in my analysis, borderline autistic. But whether it's bond selection or asset allocation, we can do it better than just about anybody around. Jeffrey Gundlach analysisfactsideas The trick is to take risks and be paid for taking those risks, but to take a diversified basket of risks in a portfolio. Jeffrey Gundlach portfoliosinvestingrisk When you're in a major market downturn, the beta eats the alpha. Jeffrey Gundlach downturnbetaalphas Quantitatve easing is NOT going away. Every major country is running a deficit. If they are all net borrowers then who is the lender? The central banks. For this reason – QE is not going away for a long time. Jeffrey Gundlach runninglongcountry We have never owned a single corporate bond in the Total Return Strategy dating back to 1993. Look it up, when corporate bonds become very overvalued, especially when rates fall due to recession prospects increasing — well? Jeffrey Gundlach business I've said this a thousand times...we always run shorter duration. Jeffrey Gundlach business What else do you need to call it an inversion? everyone is parsing all of these little arbitrary things. But we've got an inversion. Jeffrey Gundlach money To say that (rate cuts) are going to stop a recession is flawed, once the Fed is in easing mode, it is already too late. You already have a recession gaining momentum. Jeffrey Gundlach business This is a very dangerous part of the cycle, we're 10 years into an expansion and it seems clear that the Fed has overtightened. Unemployment is a lagging indicator. And negative interest rates can be found in many places. If the(Fed's) goal is to keep the expansion going, they need to be more aggressive. You have to think bigger than a so-called (and mislabeled) insurance rate cut. Jeffrey Gundlach business Nominal GDP growth over the past five years would have been negative if U.S. public debt had not increased, one thing everybody seems to miss when they look at these GDP numbers ... they seem to not understand that the growth in the GDP it looks pretty good on the screen is really based exclusively on debt - government debt, also corporate debt and even now some growth in mortgage debt. Jeffrey Gundlach business I think we are going to keep seeing more tension, i think the 25% tariff bump is better than 50% chance. The market obviously does not want to see increased tariffs, so it's been kind of reacting to that. Jeffrey Gundlach money Of course we are. Jeffrey Gundlach money I think this is an extremely compelling time to do this trade and an extremely important environment where outcomes are so binary. Jeffrey Gundlach money I think it is excellent time - if you haven't been in emerging market bonds or high-yield bonds - to contemplate at least a partial shift based upon the level of the dollar and valuation. Jeffrey Gundlach money Facebook used to be a place people felt good going to. Jeffrey Gundlach money This is a good result and a great risk-adjusted result given the low risk nature of pair trades. Jeffrey Gundlach money It’s a good run-of-the-mill jobs report. Jeffrey Gundlach business The artist Christopher Wool has a word painting, 'Sell the house, sell the car, sell the kids.' That’s exactly how I feel – sell everything. Nothing here looks good. Jeffrey Gundlach company-news We never short in our mainline strategies. We also never go to zero Treasuries. We went to lower weightings and change the duration. Jeffrey Gundlach company-news Things are shaky and feeling dangerous, i am not selling gold. Jeffrey Gundlach business
