Jeffrey Gundlach with Tony Robbins on Societal Transformations and Market Valuations

In excerpts from a discussion with Tony Robbins filmed February 11, 2025, DoubleLine CEO-CIO and Founder Jeffrey Gundlach shares his views on rising interest rates, market valuations, and the potential for significant institutional changes. Mr. Gundlach highlights the shift from a multi-decade period of falling interest rates to a rising interest rate environment, predicting that rates will not return to the extremely low levels seen in the past decade. He warns of potential budget crises due to increased interest expenses on government debt, emphasizing the unsustainable nature of current debt levels and the possibility of restructuring U.S. Treasury debt. Gundlach notes, “We cannot have our present tax system and our present debt management system running simultaneously.”