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The Fed should have cut interest rates a lot sooner, according to Jeff Gundlach. The "Bond King" thinks the economy is already in recession, as evidenced by rising layoffs.. Job cut announcements ...
Jeffrey Gundlach, CEO of DoubleLine Capital LP, presents during the 2019 Sohn Investment Conference in New York City, U.S., May 6, 2019. REUTERS/Brendan McDermid (Brendan McDermid / Reuters)
US debt problems will be felt in the coming years, Jeffrey Gundlach wrote for The Economist. Higher interest rates and a recession amplify US borrowing costs. By 2034, debt servicing could consume ...
Jeffrey Gundlach was born October 30, 1959, in Amherst, New York, [1] to parents Carol and Arthur Gundlach. His father (d. 2013) was a chemist for Pierce and Stevens Chemical Corp. [2] [3] He is a graduate of Dartmouth College where he graduated summa cum laude in math and philosophy in 1981, [4] and attended Yale University for a Ph.D. in mathematics before dropping out.
Gundlach cofounded DoubleLine Capital—which today manages more than $140 billion in assets—in 2009, and was soon outperforming rival bond fund managers. His success earned him the nickname ...
Jeffrey Gundlach, CEO of DoubleLine Capital LP, presents during the 2019 Sohn Investment Conference in New York City, U.S., May 6, 2019. REUTERS/Brendan McDermid (Brendan McDermid / reuters)
By December 2011, the lawsuit was settled. TWC prevailed on the trade secret case but the jury awarded nothing for the damages. An undisclosed settlement was reached between Gundlach and TCW. Gundlach prevailed on the unpaid compensation case and the jury awarded him and three other former TCW employees $66.7 million in unpaid wages. [2] [3] [4 ...
The comments have been edited and condensed for clarity. DoubleLine Capital Founder & CEO Jeffrey Gundlach On the potential for a hard or soft economic landing :