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DoubleLine Capital founder and CEO Jeffrey Gundlach shares his market outlook with Yahoo Finance Live. Skip to main content. Finance. 24/7 help. For premium support please call: 800-290-4726 ...
Gundlach cofounded DoubleLine Capital—which today manages more than $140 billion in assets—in 2009, and was soon outperforming rival bond fund managers. His success earned him the nickname ...
The Fed should have cut interest rates a lot sooner, according to Jeff Gundlach. The "Bond King" thinks the economy is already in recession, as evidenced by rising layoffs.. Job cut announcements ...
Gundlach predicted lingering inflation, compared last year's tech-stock boom to the late 1990s, and raised the prospect of a painful downturn in 2023.
The stock market rebounded thereafter and ended the year flat. [25] [26] [27] 2015–16 Chinese stock market crash: 12 Jun 2015 China: The Chinese stock market crashed in June and continued falling in July and August. In January 2016, the market also experienced a steep sell-off which set off a global rout.
Jeffrey Gundlach, CEO of DoubleLine Capital LP, presents during the 2019 Sohn Investment Conference in New York City, U.S., May 6, 2019. REUTERS/Brendan McDermid (Brendan McDermid / Reuters)
By December 2011, the lawsuit was settled. TWC prevailed on the trade secret case but the jury awarded nothing for the damages. An undisclosed settlement was reached between Gundlach and TCW. Gundlach prevailed on the unpaid compensation case and the jury awarded him and three other former TCW employees $66.7 million in unpaid wages. [2] [3] [4 ...
Jeffrey Gundlach was born October 30, 1959, in Amherst, New York, [1] to parents Carol and Arthur Gundlach. His father (d. 2013) was a chemist for Pierce and Stevens Chemical Corp. [2] [3] He is a graduate of Dartmouth College where he graduated summa cum laude in math and philosophy in 1981, [4] and attended Yale University for a Ph.D. in mathematics before dropping out.