Jeffrey Gundlach Talks the Banking Crisis Fallout on CNBC 3-13-23
DoubleLine CEO-CIO Jeffrey Gundlach shares his views with CNBC’s Scott Wapner on the Silicon Valley Bank (SVB) collapse and the government’s response in an interview recorded Monday, March 13, 2023. Mr. Gundlach discusses, among other topics, the shift of the financial industry into a new world of rising rates (1:41), Mr. Gundlach’s expectation that the recession will now arrive sooner (6:00), why he thinks the banking event is inflationary and not disinflationary (6:49), if the Fed will continue to hike at its meeting March 22 (9:39), how the Fed should respond to busted carry trades (13:35) and DoubleLine’s positioning (16:27).
