Jeff Gundlach recommends 20% cash and 20% hard assets
Updated
Updated · Business Insider · May 8
Jeff Gundlach recommends 20% cash and 20% hard assets
13 articles · Updated · Business Insider · May 8
The DoubleLine Capital CIO said he expects no Federal Reserve rate cuts in 2026 and warned rate hikes are possible as the Iran war lifts oil prices and inflation risks.
He raised his hard-assets allocation from 10%-15% last year, said stocks look very high, and highlighted gold, saying he would buy aggressively if it fell below $3,500 an ounce.
Markets had rallied on easing hopes, but CME FedWatch showed only a 12% chance of cuts and a 16% chance of hikes on Friday, while gold traded near $4,753, up 9% this year.
As a US 'debt spiral' looms, is gold the only remaining safe haven for investors?
Amidst war and inflation, has the traditional 60/40 investment portfolio become obsolete?