Gundlach Unlocked: Positioning for Inflation and a Weaker Dollar

In the inaugural episode of Gundlach Unlocked, DoubleLine CEO Jeffrey Gundlach outlines his current macroeconomic outlook and how investors should be thinking about positioning in today’s market environment. Mr. Gundlach discusses why inflation might remain structurally above the Federal Reserve’s 2% target, why long-term interest rates have not meaningfully declined despite rate cuts, and why he believes the U.S. dollar could be entering a weaker phase. Against that backdrop, he highlights the case for real assets – particularly gold – along with commodities, high-quality fixed income, selective emerging markets exposure, and a shift away from concentrated U.S. large-capitalization leadership toward equal weight, value-oriented and non-U.S. equities.