gundlach

Jeffrey Gundlach, CEO and CIO of the fixed-income investment management firm DoubleLine Capital, told CNBC Tuesday “junk bonds are actually cheap now. They’ve gone from the richest in history to a massive underperformance versus government bonds.” more...

S&P is *worried about "what you're going to get in terms of the payback is going to worth a lot less, Gundlach said. "But that is not their job." more...