Jeffrey Gundlach: Powell’s ‘We Don’t Know’ Signals Rising Fed Uncertainty

DoubleLine CEO Jeffrey Gundlach breaks down the Federal Reserve’s latest policy decision and Chair Jerome H. Powell’s press conference, highlighting the Fed’s repeated admission of uncertainty and shifting outlook on inflation and growth. In this timely market commentary, Mr. Gundlach analyzes rising inflation forecasts, the impact of higher commodity prices and why the Fed lags the two-year U.S. Treasury yield. He discusses the implications for interest rates, credit markets and asset allocation, emphasizing widening spreads, elevated risk in lower-quality credit, and the growing importance of real assets and high-quality investments.