Slides of DoubleLine Total Return Bond Fund’s webcast titled, The Greatest Economy Ever!, hosted by Jeffrey Gundlach.
“The Greatest Economy Ever!”
World Real GDP Growth Forecast by Year
Source: Bloomberg, DoubleLine
GDP = Gross Domestic Product is the amount of goods and services produced within a given country.
Forecasts are inherently limited, may not come to pass and cannot be relied upon for investment decisions.
Global Negative Yielding Debt: Total vs. Corporate
Source: Bloomberg, DoubleLine
Bloomberg Barclays Global Aggregate Negative Yielding Debt Index is a broad based index representing global intermediate term in vestment grade bonds with negative yields. You cannot invest directly in an index..
Negative Yielding Debt
Source: Bianco Research, Bloomberg, as of August 26, 2019
Holders of Negative Yielding Debt
Source: Deutsche Bank Research, Bloomberg, as of September 2019
Other: Comprised of ETFs, Mutual Funds and Asset Management & Financial Services
Gold Prices vs. Negative Yielding Bonds
Source: Bloomberg, DoubleLine
Bloomberg Barclays Global Aggregate Negative Yielding Debt Index is a broad based index representing global intermediate term in vestment grade bonds with negative yields. Spot price of gold in Troy ounces. You cannot invest directly in an index.
Gold Priced in EURO Pushing All Time Highs
Source: Bloomberg, DoubleLine
Spot price of gold in Troy ounce minus the Euro/USD Exchange Rate. SMAV is the 200 day moving average.
Chinese Renminbi (USDCNY)
Source: Bloomberg, DoubleLine
Spot price of the Chinese Renminbi. SMAV is the 200 day moving average.
Germany Consumer Confidence
Source: Bloomberg, DoubleLine
Icon German Consumer Confidence tracks sentiment among households or consumers. You cannot invest directly in an index.
Germany Business Climate
Source: Bloomberg, DoubleLine
Ifo Pan Germany Business Climate surveys 7,000 companies in three sectors: manufacturing, trade and construction . You cannot invest directly in an index.
See the full slides below.
