Jeffrey Gundlach reacts to the Fed raising rates 50 basis points

CNBC, Released on 5/4/22

Jeffrey Gundlach, DoubleLine Capital CEO, joins ‘Closing Bell’ to discuss his take on the market reaction to the Fed announcement on rates and Chair Jerome Powell’s remarks afterward.

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.

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