“One of my original sponsors was Dean Martin.”
The @uswomensopen heads to Riviera for the first time in June. Five-time major winner Amy Alcott grew up next to the club and built her game sneaking on the practice fairway between the first and second holes. This five-minute history lesson from Amy, including the Hollywood celebrities who made an impact on her, is worth your time!
The feedback on the @TruthGundlach episode has been incredible, so I'm posting the pod here on X too. 🙏
In his debut on The Julia La Roche Show, Jeffrey Gundlach, founder and CEO of DoubleLine Capital, breaks down why private credit is an unmitigated disaster, why the next recession will send rates up and the dollar down, and why most American investors are completely unprepared for what's coming.
Timestamps:
0:00 Introduction & welcome Jeffrey Gundlach
1:33 Big picture macro: secular shift from falling to rising interest rates
16:00 The case for 100% non-US stocks
17:30 Gundlach's current asset allocation
22:00 Private credit and why it's a “total unmitigated disaster"
38:00 The Fed follows the 2-year Treasury - next move a rate hike?
42:30 Recession odds
47:00 Capital preservation mode: lowest risk positioning in DoubleLine's 17-year history
50:00 The gold call
53:00 The most dangerous force in investing
56:00 California headed for bankruptcy?
1:01:00 Non-consensus prediction: three parties on the ballot in the next presidential election
1:02:00 The Fourth Turning
@_mcameron44@DaveWinfieldHOF wrote a book about this subject many years ago. @Padres had a Little Padres Park program that rebuilt inner city fields in San Diego that was stopped years ago after John Moores sold the team. You were my daughter’s favorite SD Padre!
Stewart Hagestad, who assures you he's 'old,' can't stop beating the young kids at the U.S. Amateur | Golf News and Tour Information | Golf Digest https://t.co/uz3doWLH2o