Free Republic

The so-called "Bond King” Jeffrey Gundlach gave FOX Business a very bold prediction for the 2020 presidential race, suggesting there’s a possibility President Trump may not even run for re-election. “I am not even sure he’s going to really run,” Gundlach, the DoubleLine Capital co-founder and CEO, said during an exclusive interview with Neil Cavuto on Wednesday. Gundlach added the president’s second term will be determined by the success of the U.S. economy. “If the economy goes into recession and he can’t pullout by removing the tariffs, there’s very little for him to run on,” he said. Trump launched his...

U.S. debt has climbed to an alarming level, according to DoubleLine Capital CEO Jeffrey Gundlach. “People are starting to realize that the deficit and debt are totally out of control,” Gundlach said on CNBC’s “Halftime Report” Tuesday. Guldach said the “main reason” the yield curve between 3-year Treasury bonds and 5-year bonds is steepening is a ballooning deficit. Gundlach — sometimes known as the “bond king” — runs the $50 billion DoubleLine Total Return Bond Fund. Its five-year performance is one of the best in its category, but lagged most of its peers in 2019 with a gain of just...

Bill Gross, the one-time bond king who built investing giant Pimco from the ground up 48 years ago then went on to run his own fund at Janus Henderson, announced his retirement Monday. The retirement, effective March 1, marks the end of an era, closing a career for a fixed income expert who once had the ear of policymakers in the highest places. After leaving Pimco, Gross was never able to regain the standing he once held, and the fund he ran for Janus Henderson had badly underperformed for most of the nearly five years he had been there. "I've...

Jeffrey Gundlach, the widely followed investor who runs DoubleLine Capital, foresees a “global growth scare” between now and the end of the summer, triggered by a presidential nomination of Donald Trump. “That is where I see the vulnerabilities,” Gundlach said in a telephone interview on Monday. Trump’s protectionist policies could mean negative global growth, Gundlach warned. “As he gets the nomination, the markets and investors are going to worry about it more. You will see a downgrading of global growth based on geopolitical risks. You must factor this into your risk-management.”