Gundlach

DoubleLine Capital CEO Jeffrey Gundlach is backing away from the artificial-intelligence trade to avoid concentration risk in AI stocks.

Gundlach cut his recommended equity allocation to 30% from 40%, suggesting putting those funds into a single Fortune 500 equal-weighted index.

Gundlach warned that fallout and losers in the AI race will lead to the next very significant drawdown in risk assets.

MarketWatch 17 September 2026

https://www.marketwatch.com/story/i-just-want-out-why-jeffrey-gundlach-is-moving-his-money-as-far-from-ai-as-possible-and-what-hes-doing-instead-54281010


DoubleLine Capital CEO Jeffrey Gundlach raised a red flag on the massive buying frenzy among retail investors this year, calling it “downright terrifying.”

“This is a terrible sign for the condition of the market for anybody who’s experienced a significant number of cycles, which I’ve definitely experienced,” Gundlach said.

The coronavirus rout brought a copious amount of new accounts to online brokers this year as amateur investors sought to get a slice of the epic market comeback.

https://www.cnbc.com/2020/09/08/bond-king-jeffrey-gundlach-says-the-surge-in-retail-investor-activity-is-downright-terrifying.html


Private credit has no shortage of evangelists on Wall Street. Jeffrey Gundlach is not one of them.

 “Private credit today is analogous to the CDO market in the mid-part of the 00s, where there’s just tremendous issuance, there’s tremendous acceptance,” the veteran bond investor said. 

https://englundmacro.blogspot.com/2025/06/warning-for-private-credit-feels-like.html


America’s sovereign-debt spiral has been building since Washington embarked on large budget deficits in the 1980s.

As securities issued at interest rates as low as 0.5% mature, the principal is being rolled into the higher rates of the spot market, at the moment 3.7 percentage points higher. 

https://englundmacro.blogspot.com/2025/01/americas-sovereign-debt-spiral.html


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