Doubleline Capital CEO Jeffrey Gundlach on chance of a recession and the Fed rate decision
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- เผยแพร่เมื่อ 17 ก.ย. 2019
- Doubleline Capital CEO and founder Jeffrey Gundlach joins 'Fast Money Halftime Report' to discuss the Fed rate decision, if there is a recession risk and his market call.
Round of applause for the interviewer! Ask a question and then shut up........what a pro
He usually does the exact opposite. Strange and suspicious
Loved this segment. Glad they allowed Jeff to give a long discussion at the end, extremely interesting.
This is really worrying and I just hope that things in the US and Europe won't go as the Nikkei did... Look at the max. chart. Never really recovered. And they are obviously the champion of QE.
Good interview, at least the anchor allowed the guest to speak uninterrupted.
...LOVED IT!!!
END THE FED
The only comment that matters.
Offer payment for goods and services in silver and gold
@@davidsummit9851 Yeah that would be extremely ineffecient.
It's Official. Gundlach says "dollar will fall in next recession"
I am surprised to hear the truth on tv. Scary
It used to be like that, in the days of Pre-Privatisation of Media. People were Ill-Informed. But at least the things they were told lined up with perceptible Reality.
You have to watch 10 hours of BS to get these 5 min tid bits
They do that right befor the disater so they can say " see we warned you"
Who says it's the truth?
@@greigsanderson you would have to be in denial or ignorant not to see we are at the end of a capitalist society. You just don't usually see honesty on a major broadcast channel
Why the hesitation!! Call it like it is! No sugar coating, no soft touch, just let it flow. CNBC put you in the spot when you answer “I don’t know” and I want you (Gundlach) to teach them ( and the public) a lesson.
No sure CNBC could get a better person to interview. Highly respect gundlach and think he is spot on!
Can someone give the guy a glass of water?!
lmao the host tried to stop Jeff from dropping the truth bomb at the end
No matter the room, Gundlach is the smartest person in it.
No, The most selfish scumbag in the world. You don't understand he and creeps like him are the reason for the coming, full on depression. you are an idiot.
Lol. Smart, yes.
That he should be coaxing people into buying bonds for 10 years, then disappear when the crisis strikes, only to later reappear and say that his advice from the past 10 years was zilch in the face of recent events.
Don't trust a financier with your wealth. Own it and manage it yourself. You will become much smarter than anyone else, and you will have accountability on your side.
This was a solid interview, he definitely was able to freely speak with interruptions
Jeffrey Gundlach is a brilliant man. Excellent economic analysis!!
Thank you Peter Schiff...I mean Jeff
@Vinz Daniloff Agreed, what's interesting is how they and Ray Dalio all follow the same logical economic theory and principles, yet Peter hasn't been able to capitalize on it like the other two have.
@@generalyan7084 Schiff always got timings wrong.
@@Pengkui Schiff put everyone in gold and gold stocks in 2012, then they lost half their money, while Gundlach's investors got rich. Jeff's CAPE fund has been the best value equity mutual fund over the that time. Gundlach smokes Schiff in market returns.
@@StephenDoty84 Yeah, Schiff is a terrible investor and fund manager, especially on market timing. He is a good economy teacher though. ;-)
@@stopasking9745 Using Jeff's name as your username is weak and deceptive. You don't even have the sense to use a capital "G" either. Try being yourself instead. He's already taken.
Very rare to hear the truth on television, certainly a novelty in US now....
Whether you agree or disagree with Mr. Gundlach, I think you have to respect his intelligence and his ability to think outside of the box.
Jeff is the man. This is how peter should talk. With facts. Not just bs.
Wow, that was a lot of information to unpack. Great interview, with some great insights.
Thank you for having Jeffrey on
23:45 The last minute is what you need to hear...
Always interesting to listen to Jeffery, that's for sure. Great insight to listen to what guys like him are thinking.
Great post! Thanks for sharing.
"Knee-capped the Nikkei." Lmao.
JG dropping some insight bombs!
the fed will support the market by any means
18:13 this was a good question!
Anytime you get Jeff to start with "I don't know" is rare also. ;)
I think the real answer is scary and that’s why he’s not saying it. Lowering rates ultimately will do nothing to stop the next recession (might delay it slightly) and in fact would dig us deeper into the cheap money hole which will make the next recession even more like a bubble popping than a soft landing.
@@JonathanPoto I agree. It promotes mal-investment ultimately, so it is bad economics, but it's good politics in the short run.
I think Powell just mentioned mid cycle adjustment intensionally :D
mid cycle what.DEBT? lolYou can't have cycles in a corrupt system
DUH
Vladimir Moushkov: spelling is not your forte.
Thanks Jeff.
This guy is brilliant
First snippet of common sense on CNBC I've seen in a while.
Gundlach - long term 6-8 years - invest in non-dollar investments and non-US stock market
Why not just long term (6-8 years) short the dollar and long term (6-8 years) short the US stock market?
@@PaulbylPaulbyl ROFLOL ! Let me know how it goes n good luck. Anything is possible.
Steven Steven, it's a serious question. If you short the dollar and short the U.S. stock market, I am wondering, is that the same as investing in non-dollar investments, and non-US stock market investments? I am beginning to think different. Your thoughts?
@@PaulbylPaulbyl Seriously? I think long term strategies and trading are two separate and incompatible worlds. I don't think he was referring to trading. He used the word 'invest'.
Steven thank you.
AUM up by 10 billion in 2 minutes! He should be on CNBC more!
He probably won't because cnbc is afraid of truth most often than not.
Chance is 100% time is when they decide. All by design
US won''t settle for anything but a world leader.
Trump won't settle. Elizabeth Warren and AOC are happy to make the USA suffer low GDP and bankruptcy to increase welfare programs.
Whose phone is going off constantly through the interview? It's really annoying.
Winter is coming : (
Ice age
Winter is coming : )
Aren't stocks doing well because of company buy backs?
For several companies yes you're absolutely right but stock buybacks are not always a home run....
hence GE
Cut rates to spur growth and compete.
He's been right, and he's been wrong. Batting 500 at best over the past few years
He was right on the underlying fundamentals he was wrong on how the street would react to such information
Who is the interviewer? I'm COMPLETELY BLOWN AWAY that he actually let a guest START AND FINISH an original, insightful thought! This is SO RARE and uncharacteristic of CNBC's attention-seeking interviewers. Gundlach literally went on a couple minutes of his diatribe, WITH NO INTERRUPTIONS... I've actually been made aware of new information- the way it SHOULD be. Excellent work.
And, oh, Cramer is a COMPLETE jackass... Ijs.
It is very hard to argue against much less mock this man and call him names, if you don't like what he is saying
don't listen to him. I for one have made very good money from his advice and from his funds.
and insurance cut? doesnt seem right
I wonder what Bill Gross thinks? Where is Bill Gross?
Jeffery didn't mention gold in his mix of topics.
A European central banker said eu was permanently negative at davos.
logic and clarity ...scary
Where in the HELL is Greenspan at? I'm also looking for that DUFUS Bernanke.! HELP!!!!!
The Dots: Print & dump 50-75 Billion U.S.Dollars per day to help prevent the banks from collapsing.
The low interest rates is Criminal.
The Fed and government are now choosing who wins and who loses
You say "Criminal"?
What exactly is the crime?
@@DexterHaven Would you work for free? That is what lowering interest rates to 0 does.
It is artificial suppression of the future value of money. If markets set the rate, it would be much higher.
People on fixed incomes, pensions, insurance companies, et al are unable to survive.
It encourages wasteful spending.
It is an attempt to keep inflation higher than government's growing debt.
The CRIMES are fraud, theft, dereliction of duty, breach of fiduciary responsibility and Treason.
People should be tried and executed for these crimes.
There are no free markets and there is No rule of law. It is a facade.
This is why people need to take steps to avoid the tidal wave that Is Coming. Rely on yourself and your circle.
@@DavidisDawei Aha, "The CRIMES are fraud, theft, dereliction of duty, breach of fiduciary responsibility and Treason.
People should be tried and executed for these crimes."
But no one has to buy a government bond. Corporate bond yields are not controlled by the Fed. Nor are dividend-paying stocks. A utilities mutual fund pays 2.8% today after a recent 35% price appreciation too. Plus you can invest internationally. Check out "EPP."
Isn’t core CPI rise due to tariffs?
Negative Rates are a ruse ; they are elective corporate welfare-at-large . Money available with an inducement kicker to large institutions at anytime . It is a payment available to large institutions who would borrow the money .
Neg rates began in Japan, the crony capital of the free world. Rates at 0 or lower , are a sign of the Central Bank crowding out other lenders ...the central bank offers funds at lower and lower rates(it has a printing press it can print funds to lend at will) until other lenders are crowded out .
bitcoin gold and RE for me
What is RE?
@@PaulbylPaulbyl real estate
If the dollar falls, I'm a buyer. I think technology stocks will grow for decades much like the massive wealth generators of the the past such as oil and banking
lmfao
Depends what tech stocks.
Bet on Anti-fraud/Cyber security stocks because with 100% digital money, comes 500% digital criminality.
IBM, Microsoft and Cisco are your new friends. Facebook and Twitter are just cat piss interfaces.
@@nachannachle2706 I agree! Good point.
We control the button baby.
I cant wait for them to announce negative rates.
The poor man's Peter Schiff.
He’s very subtle, but it’s obvious. The dollar will tank soon
one of the few guys i pay attention.
Here comes the rain....
LOL at the losers who traded at 10%
That laughable smile when he said kerfuffle
Inez Qtaish is writing of businesses everything must go black lines live
CNBC Why wont you have the guy who predicted the last housing crises, who accuratelly predicted last year that the Fed would be cutting interest rates by now, and who predicted the Fed will start QE 4 . And who predicted GOLD would rise . "Peter Schiff. Then again dont i need the advantage.
Shsss, quite dude, I'm building a position in gold and silver and you're gonna ruin my rate!
4bennybear ouuu thank you for the additional information to look into
@@ChiefKene You're welcome, Google " Peter Schiff was right " theres a bunch of them, he has a you Tube channel.
Gold is going back down fools. Equities are breaking out. Gold died in 2013 after stocks broke out from monthly consolidation
@@rudeboymon3177 On second thought your right .carry on.
Negative rates to come
QE platinum?
Lets's go BTC
"Gundlach" is a German word meaning "I can't stop talking."
We are going to zero then negative
If Jeff Gundlach were ever appointed to the FOMC I think that his head would explode. Who would he bash ad nauseum?
What's on Gundlach's lip?
LOL he was obviously quite upset.
Irritating as hell to watch this with all the notifications dinging the bell.
Recession? By seriously contemplating negative yields in the US we are admitting abject failure of the current financial system which would likely be permanent. Recession, LOL.
This fiat monetary system is over. The reset is in motion. Central banks and sovereign nations are purchasing gold at rates never seen before. Trade deals worldwide are being renegotiated. Everything will be backed with liquidity by the FED until it won’t.
Non-dollar = Bitcoin. Thanks Jeff.
AffordYourNuance definitely not into the Euro Yen or Yuan #buyBTC
Non-dollar = Non-US Tech/value stocks.
India, here I come!
Bitcoin is nothing but a speculative gamble that you keep your fingers crossed hoping goes up. Non dollar means commodities and foreign assets
@@Kennan_Davis So was the internet.
AffordYourNuance I love people like you who have no clue what you’re talking about then turn to 100% unrelated comparisons. The comparison for the internet would be to blockchain, not bitcoin. Bitcoin needs blockchain but blockchain doesn’t need bitcoin. The proper comparison for bitcoin would be to pets.com or any other company based on the internet in the late 1990s that no longer exists. Hence, those companies needed the internet but the internet didn’t need those companies.
Jeffrey recommends getting out of USD denominated assets over next 6-8 years. Perhaps into BTC maybe?
Bitcoin? That's nothing but gambling. Commodities and foreign markets is the way to go
Kennan Davis any example foreign markets?
Aaron Afrifa emerging markets are positioned to far outpace the US in growth over the next decade or two
Kennan Davis i understand. I was more on what countries exactly.
Aaron Afrifa I definitely don’t have a crystal ball to know everything. But based on what I do know and the information I research regularly, China, India, Brazil would be the top 3. Fortunately, there are ETFs and index funds that give you direct exposure so you don’t have to try and evaluate which companies would make good bets, or even spend the time doing so
All wealth should be redistributed to blacks and hispanics, especially if they have many children, so that they can enjoy the good life as well.
been bearish and wrong.......Schiff and him need get together for a love fest
GDP at 1.8 and Government spending counts as gdp. But that spending the Government did was 1.4 trillion dollar of debt. So that 1.8 gdp is from debt.
QE is here . Gold and silver have never looked better . Especially with negative rates across the world . Bond market/ student loan debt will lead to the next recession.
No recession in sight, just a long and dragging slowdown with many dead cat bounces in between to scam people of their last USD...before the greenback itself goes bust.
Clearly a new monetary system is needed where debt isn't allowed to exist but obviously most capitalist believe in debt, in fact it is a core part of capitalism so the more you have faith in this moronic system the more poor you become. The FED has had this problem since its inception having to continuously print money each cycle and expecting that to be paid back in the near future we're talking about in the next 20 to 30 years. The fact of the matter is we don't have 22 trillion-dollar economy at best its worth maybe 9 -10 trillion dollars and that's because of the way in which the current monetary system evaluates wealth. All of this can be changed the Federal Reserve was an act of Congress, it's going to take an act of Congress to fix it or get rid of it but the likelihood of that it's slim to none. A deficit monetary system never works out in the long run. The fact is debt will always be cancer to any economy it's time to get rid of it. The federal reserve's expects to be paid back 22 trillion dollars and then some I highly doubt that will ever happen in fact I would guarantee that it would never be paid off its impossible prices would need to literally triple and no one would be able to pay it because there isn't 22 to trillion dollars sitting under people's mattresses🤣 if that was the case they would have never borrowed the money in the first place🤦♂️
I agree with a little caveat debt really isn't the problem its central banks monetizing debt is the problem, without debt only those who have capital can take risks and expand which would mean others with brilliant ideas but no capital would never join the game. The fed essentially bailing out people who misallocate capital in the economy with low-interest rates and printing money will be the downfall of the west. Recessions/downturns are actually a good thing and if they let natural forces of supply/demand dictate the price of things in the economy especially money this problem is solved. The fundamental problem in modern civilizations is a major design flaw and that is centralization without accountability. The federal government has to much power and so do companies when they become monopolies essentially the two band together to form a cartel to return people back to feudalism. This game is not new, every empire in history has played it before thats why they no longer exist.
@@geraldg350 Loved what you said about the Fed bailing out people who misallocate capital. I've made bad business decisions and bad trades and I've suffered the consequences, rose from the ashes and become a better business person and trader. Going bust builds character. Fed bailouts and helicopter parents not so much...
@@sptrsttradr4918 correct and it also increase your overall consciousness over time because you know what not to do that's how a society get smarter over time but the fed it trying to abolish recessions and bankruptcy of big business by punishing prudent
savers/entreprenuers/investors and rewarding incompetent elites further exacerbating income inequality. This system has a 100 yrs max life span before someone gets their head cut off it has never worked.
There you go. DJ is going to $30k in 2020.
Time to buy Corporate stocks again!
Long term rates are going even lower. This clown is wrong again.
Economy is in such bad shape for so long that the holiday season will see the largest mass (whatever is left) store closing in history (ever!)including mass closing of Walmart and Dollar Stores...…….Economic Blight on steroids!
Time to Tell the truth about Santa
THIS IS JEFF'S SHOW NOT YOUR SHOW!!! DON'T INTERRUPT.
what a bunch of mush! how does this guy ever make a decision to go long or go short?
XRP to the rescue