Jeffrey Gundlach, founder of DoubleLine, which has been the best performing bond fund so far this year, tells the FT’s Dan McCrum that deflation is a greater risk than inflation because he believes it would take another crisis to trigger big monetary policy changes. Mr Gundlach says low economic growth is likely to persist and recommends hedging risk assets with long-term Treasury bonds.
Produced by Lagan Sebert and Christopher Booker
Welcome to the new FT.com.
The same global insight. Faster than ever before on all your devices.