DoubleLine Minutes

MMM Episode 140: Softer Labor, Dovish Fed Futures and a Testy Jerome Powell

After Samuel Lau’s review of markets for month of October (1:29) and the week ended Nov. 3 (2:55) and the week’s macro news (9:25), Jeff Mayberry covers the highlights of Nov. 1 Federal Open Market Committee meeting (21:01) and a ... Read More

MMM Episode 139: Scrutinizing 3Q GDP, On the Watch for Treasury Refinancing

Before a dive into the third quarter gross domestic product (GDP) report (15:58), DoubleLine Portfolio Manager Jeff Mayberry and Quantitative Analyst Eric Dhall kick things off with a review of financial markets for Oct. 23-27. All sectors of the ... Read More

MMM Episode 138: Paying Attention to Term Premia, Powell Speaks and Mixed Market Week

After covering a mixed week in the markets for Oct. 16-20, DoubleLine Portfolio Manager Jeff Mayberry and Quantitative Analyst Eric Dhall break down the concept of “term premium,” which measures the extra amount of yield or spread that bond investors ... Read More

MMM Episode 137: Fed Conundrums, Negative Spreads and Broken Clocks

After reviewing stocks (1:17), bonds (2:51) and commodities (4:14) for the Oct. 9-13 market week, DoubleLine Portfolio Manager Jeff Mayberry and Quantitative Analyst Eric Dhall cover the week’s macro news (6:42), including somewhat Fed-friendly inflation prints. Based on Fed Funds ... Read More

MMM Episode 136: Recession Watch Update Amid Red Market Week

DoubleLine Portfolio Managers Jeffrey Mayberry and Samuel Lau face the heat outdoors and indoors recapping the red market week of Oct. 2-6 before a timely revisit of recession indicators (16:43). Jeff and Sam take a look at the still inverted ... Read More

MMM Episode 135: A Red Quarter, But One Setting Up Potential Opportunities

Heading into a possible shutdown of the government, Portfolio Manager Jeff Mayberry and Quantitative Analyst Eric Dhall survey a bad 3Q2023 (16:48) for stock, bond and commodity returns, but a quarter offering possible opportunities in the wake of wide dispersions ... Read More

MMM Episode 134: Red Markets, Hawkish Dots, Long-Legged Labor & Powell’s iPad

Portfolio Manager Jeff Mayberry and Quantitative Analyst Eric Dhall review broad losses in stocks (0:59), bonds (2:23) and commodities (4:20) for the Sept. 18-22 market week. Then after checking the week’s macro news (6:57), including a resilient jobs market notwithstanding ... Read More

MMM Episode 133: Looking Under the Hood of Gas-Powered CPI

DoubleLine Portfolio Managers Jeffery Mayberry and Samuel Lau kick off the episode with a nod to the 15th anniversary of Lehmann Brothers’ bankruptcy filing (Sept. 15, 2008) before running down the market week of Sept. 11-15. For their Topic of ... Read More

MMM Episode 132: Treasury Refunding Needs and Potential for Funding Stress

For the week ended Sept. 8, DoubleLine Portfolio Managers Jeff Mayberry and Samuel Lau start with a review of the markets for stocks (0:56), fixed income (3:27) and commodities (4:54), all of which printed with red ink. Turning to the ... Read More

MMM Episode 131: More Balanced Jobs Market, But Fed Rates Still Higher for Longer

After touring the equities (1:12), fixed income (4:08) and commodities (6:28) markets for Aug. 28- Sept. 1, DoubleLine Portfolio Manager Samuel Lau and Quantitative Analyst Eric Dhall cover the week’s heavy calendar of macro news (8:07). Highlights include the June ... Read More