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You may love or hate Gundlach. I really enjoyed the interview in spite of the goofy show-off Bloomberg pair. But G firmly believes the dollar will suffer long term as the Admin “preps” for the election with more stimulus and also as the Fed moves on from Powell. Of the proposed $2,000 tariff rebate, G disparagingly calls it a “bribe.” He views private credit as a time bomb (my words, not his). He thinks Powell has shown restraint and whoever follows him will tow the Administration’s line and erode the dollars dollar’s value. .
But G firmly believes the dollar will suffer long term as the Admin “preps” for the election with more stimulus and also as the Fed moves on from Powell. Of the proposed $2,000 tariff rebate, G disparagingly calls it a “bribe.” He views private credit as a time bomb (my words, not his). He thinks Powell has shown restraint and whoever follows him will tow the Administration’s line and erode the dollars value.
Jeffrey Gundlach's views certainly seem plausible. I am concerned about private credit but I'm not knowledgeable enough to know if it's a ticking time bomb.
Wait! You know what is missing from this discussion? Someone to advise us all not to listen to the "experts". Someone to point out that everyone is "usually" wrong. And can cherry-pick select statistics to "prove" their point. Someone who fails to see the irony of that. Perhaps, believing that he alone is the source and arbiter of all knowledge, merely looking to protect the rest of us from our flawed logic? A prophet. A guru. A seer!
A person like that would surely set us on the correct path. Or vote for someone who would!
Is anyone knowledgeable enough? Wait! You know what is missing from this discussion? Someone to advise us all not to listen to the "experts". Someone to point out that everyone is "usually" wrong. Someone who fails to see the irony of that. Perhaps, believing that he alone is the source and arbiter of all knowledge, merely looking to protect the rest of us from our flawed logic? A prophet. A guru. A seer! A person like that would surely set us on the correct path. Or vote for someone who would!
Yes, a true expert's guidance would be very beneficial during these complicated times. Someone who can deftly purchase securities to make sizable profits yet astute enough to always sell without incurring any losses. If only we could locate such a stable genius!
Gundlach: I owned his vanilla core-plus bond fund years ago. Left with a tiny profit. I think he sounds convincing in that podcast. Having said that, always remember: there are too many variables to juggle. The best thing I've heard lately is to invest toward the probabilities and stay diversified.
*I'm into Barry Ritholtz' latest: "How Not To Invest." It's written for neophyte rookies who know nothing about nothing when it comes to investing. Almost a pap-ish Readers' Digest style. He's not wrong. But the conversational style makes the book about 3X longer than it needs to be. And there's no table of contents. The sections are all just a page and a half long, on average. The good stuff is buried under 59 different illustrations and examples. That's 59 times, over and over and over...
As for these last few days... Quoting Josh Brown from CNBC a lot of years ago: "I'm just doing my kegels and hanging on." More recently, he told a podcaster: "Just stay invested and shut the fuck up." Expressed with humorous intention.
Wait! You know what is missing from this discussion? Someone to advise us all not to listen to the "experts". Someone to point out that everyone is "usually" wrong. nd can cherry-pick select statistics to "prove" their point. Someone who fails to see the irony of that. Perhaps, believing that he alone is the source and arbiter of all knowledge, merely looking to protect the rest of us from our flawed logic? A prophet. A guru. A seer!
A person like that would surely set us on the correct path. Or vote for someone who would!
I watched the entire segment and it is definitely worth a watch. Gundlach is smart and entertaining even if the smarts haven't translated to his funds being a roaring success.
@Junkster. If trump pulls out all the stops to keep stocks and bonds afloat before the mid terms, think how that might work out. It would be easier to make life better economically for his base to protect maga in the mid terms but he is doing EVERYTHING he can to make life more difficult for his voters. If he tried to prop up the markets he would probably fuck that up like everything else. Well he undeniably has made his family and the ultra rich richer.
Do not think for one minute that he THINKS about ANYTHING. Everything is kneejerk and impulse, heightened by dementia, maybe alzheimer's. His handlers would minimize his public-time, if they were smart. But they're NOT. They're ass-kissers. Meanwhile the Congress and Cabinet should be invoking "25," but there is not a spine to be found among them.
+1. Well, ya. Once prices go up, they never come down unless there's a Depression. I remember the teacher giving us one example: you could buy a restaurant meal for .25 cents during those very bad years. But the Markets sank, too.
They've screwed it up every which way but loose, without even trying. Just a few idiot-moves.
I stopped listening to Gundlach years ago based on (this). I love hearing charismatic Gunflach, but I don't trade based on his advice.
The SP500 (chart) broke thru the 50-day MA. It's pretty clear. The next one is the 100-day MA. I don't believe in MA because they are not accurate. The MACD is a better one. If you pay attention, it's meaningful when MACD goes below -50.
But, the index is only about -4.5% from the top; it's meaningless so far, after it was up about 18% in 2025.
I love bear markets, especially in bonds; after a big decline, it's the easiest time to make money.
Comments
dollarsdollar’s value. .I am concerned about private credit but I'm not knowledgeable enough to know if it's a ticking time bomb.
Wait! You know what is missing from this discussion? Someone to advise us all not to listen to the "experts". Someone to point out that everyone is "usually" wrong. And can cherry-pick select statistics to "prove" their point. Someone who fails to see the irony of that. Perhaps, believing that he alone is the source and arbiter of all knowledge, merely looking to protect the rest of us from our flawed logic? A prophet. A guru. A seer!
A person like that would surely set us on the correct path. Or vote for someone who would!
Someone who can deftly purchase securities to make sizable profits yet astute enough
to always sell without incurring any losses.
If only we could locate such a stable genius!
*I'm into Barry Ritholtz' latest: "How Not To Invest." It's written for neophyte rookies who know nothing about nothing when it comes to investing. Almost a pap-ish Readers' Digest style. He's not wrong. But the conversational style makes the book about 3X longer than it needs to be. And there's no table of contents. The sections are all just a page and a half long, on average. The good stuff is buried under 59 different illustrations and examples. That's 59 times, over and over and over...
As for these last few days... Quoting Josh Brown from CNBC a lot of years ago: "I'm just doing my kegels and hanging on." More recently, he told a podcaster: "Just stay invested and shut the fuck up." Expressed with humorous intention.
and the 2018 Ponte Morandi bridge collapse in Genoa wasn't so hot either.
(We had just been over that Genoa bridge half a dozen times a few months earlier. When it's your time, it's your time.)
I don't know that Orange, Bessent & co. can really stem the tide once it goes out.
Well, ya. Once prices go up, they never come down unless there's a Depression. I remember the teacher giving us one example: you could buy a restaurant meal for .25 cents during those very bad years. But the Markets sank, too.
They've screwed it up every which way but loose, without even trying. Just a few idiot-moves.
I love hearing charismatic Gunflach, but I don't trade based on his advice.
The SP500 (chart) broke thru the 50-day MA. It's pretty clear. The next one is the 100-day MA. I don't believe in MA because they are not accurate. The MACD is a better one. If you pay attention, it's meaningful when MACD goes below -50.
But, the index is only about -4.5% from the top; it's meaningless so far, after it was up about 18% in 2025.
I love bear markets, especially in bonds; after a big decline, it's the easiest time to make money.