DoubleLine Minutes

MMM E144: Yield Curve Control’s Possibly Numbered Days at the BoJ

Jeff Mayberry and Samuel Lau first review the week ended Dec. 8, 2023, for stocks (1:06), fixed income (3:00) and commodities (5:25) as well as macro news (8:12), including volatility around the week’s labor market prints. Then they take up ... Read More

MMM E143: Financial Conditions, a Very Strong November and Fedspeak Discord

After covering positive market performance in the final week (Nov. 27-Dec. 1) of a very healthy November, DoubleLine Portfolio Managers Jeffrey Mayberry and Samuel Lau dive into the latest BIS paper on financial condition indices as the Topic of the ... Read More

MMM Episode 142: Markets Express “Sense of Jubilation” While Fed Officials Caution Inflation Still a Challenge

After covering a broad-based positive run in the markets for the week of Nov. 13-17, DoubleLine Portfolio Manager Samuel Lau and Quantitative Analyst Eric Dhall break down the latest Consumer Price Index (CPI) print (11:35), one that Dhall notes was ... Read More

MMM Episode 141: Macro Feeds the Bears, Powell Turns Colorful and Some Sahm

After reviewing stocks (0:51), fixed income (3:28), commodities (6:14) and somewhat bearish macro news (8:11) for the week ended Nov. 10, DoubleLine Portfolio Manager Jeff Mayberry and Quantitative Analyst Eric Dhall cover the latest Fedspeak (14:34), including a bit of ... Read More

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