DoubleLine Capital, Released on 9/22/21 (Recorded on 9/14/21)

*This webcast was recorded on September 14, 2021

DoubleLine founder and CEO Jeffrey Gundlach takes aim at the Federal Reserve’s spending programs and interest rate manipulation in his latest webcast, “Johnny Seven.” Gundlach references Johnny Seven, a multipart “One Man Army” toy released in 1964, to represent the massive number of tools and devices the Fed has employed in the face of the pandemic. Topics in this webcast include nominal GDP (starts at 3:26); how quickly the Fed expanded its balance sheet (5:51); the Fed’s interest rate policy (8:23); and the job market, and foreclosure and eviction moratoriums (12:17). Among other subjects, Gundlach also discusses: consumer goods and consumer confidence (14:17); supply-chain delays and booming trade (18:57); the twin deficits (21:04); housing prices and rents (23:22); the CPI (25:43); commodities (36:01); the yield curve (38:55); U.S. and European equities, and the U.S. dollar (43:18); and corporate bond performance (46:42).

Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named “Money Manager of the Year” by Institutional Investor. He is a graduate of Dartmouth College summa cum laude holding a BA in Mathematics and Philosophy. He attended Yale University as a PhD candidate in Mathematics.

  commodities, economy, Fed, inflation, investing, stock market, us dollar