Doubleline Capital's Jeffrey Gundlach Says Perfect Time To Upgrade Fixed Income Portfolios; It's Perfect Time To Upgrade Fixed Income Portfolios; Portfolios Should Be 60% Bonds
Portfolio Pulse from Benzinga Newsdesk
Jeffrey Gundlach, CEO of DoubleLine Capital, suggests that it's the perfect time to upgrade fixed income portfolios, recommending a 60% allocation to bonds.
June 14, 2023 | 7:45 pm
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NEUTRAL IMPACT
Jeffrey Gundlach's recommendation to allocate 60% to bonds in fixed income portfolios may lead to a shift in asset allocation, potentially impacting SPY.
Jeffrey Gundlach's recommendation to allocate 60% to bonds in fixed income portfolios may lead investors to adjust their asset allocation. This could result in a shift in demand for assets like SPY, but the overall impact on SPY's price is uncertain in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50