Gundlach Unlocked: Positioning for Inflation and a Weaker Dollar
In the inaugural Gundlach Unlocked webcast, DoubleLine CEO Jeffrey Gundlach warned that inflation is likely to stay above the Fed’s 2 % target, long‑term rates remain elevated despite recent cuts, and the U.S. dollar may enter a weaker phase. He outlined a diversified allocation of roughly 15 % real assets (10 % gold, 5 % commodities), 30 % high‑quality fixed income, 40 % equities with a tilt toward equal‑weight, value‑oriented and non‑U.S. stocks, and 15 % cash “dry powder.” Gundlach urged investors to consider real‑asset hedges and broader equity exposure, and invited listeners to a deeper June webcast.
Stocks Sell Off, Yields Rise, Energy Surges on War in Middle East (253)
The Feb. 28 outbreak of war in the Middle East sparked a broad equity sell‑off during the March 2‑6 week, while energy stocks were the only sector to post gains, rising about 1 %. Treasury yields climbed across the curve, except for a...
Iran Risk Brief: Maintaining Defensive Posture, Vigilance for Disparate Outcomes, Opportunities
The U.S.–Israel air strikes on Iran on Feb. 28 have heightened geopolitical risk, creating a fluid credit environment that could swing from rapid de‑escalation to a protracted regional war. DoubleLine’s Global Sovereign Debt team entered the episode with a defensive posture,...
Monthly Market Commentary
DoubleLine’s Monthly Market Commentary delivers a concise, multi‑asset review for investors, advisers and institutions. Each edition synthesizes recent moves in fixed income, equities, credit and commodities while tying them to macroeconomic data and central‑bank actions. The report also breaks down...
EM-DM Convergence: A Secular Trade on Deglobalization
Bill Campbell argues that deglobalization is creating a secular convergence between emerging‑market and developed‑market sovereign debt. While investors remain fixated on U.S. policy, structural shifts have strengthened EM fiscal positions and left DM yields underpriced. This mispricing opens a yield‑enhancing,...
DoubleLine Corporate Overview
DoubleLine’s investment platform is steered by Jeffrey Gundlach, its CEO and CIO, whose reputation as the “New Bond King” and multiple industry accolades have cemented the firm’s fixed‑income credibility. Deputy Chief Investment Officer Jeffrey Sherman, a CFA charterholder with a quantitative finance...
New Econ on Top for the Week, Curve Steeper Friday on Tariffs (E251)
DoubleLine strategists Ryan Kimmel and Mark Kimbrough highlighted a sector rotation this week, with communications services, financials and industrials gaining while traditional “old economy” sectors such as utilities and real estate fell. In fixed income, investment‑grade yields edged higher, but...
Volatility Laundering in Private Credit
Private credit has trailed public credit since 2022, offering lower liquidity, weaker credit quality, higher industry concentration and higher borrower costs. By avoiding daily mark‑to‑market, private credit managers can "volatility launder" returns, presenting artificially low volatility and inflated Sharpe ratios....
Weekly Market Update: February 2026 - Week 1
The DoubleLine Weekly Market Update for the first week of February 2026 highlights a mixed equity landscape, with technology stocks delivering the strongest upside while other sectors lagged. Bond markets saw yields climb as inflation expectations solidified, prompting a modest...