Jeffrey Gundlach Says Almost All Financial Assets Are Now Overvalued
Odd Lots
Bloomberg
4.4 • 1.6K Ratings
🗓️ 17 November 2025
⏱️ 64 minutes
🧾️ Download transcript
Summary
Stocks are overpriced. Bonds are overpriced. And private assets are a powder keg. This is the view of Jeffrey Gundlach, the founder and CEO of DoubleLine Capital. As part of our 10-year anniversary celebration of the Odd Lots podcast, we've been talking to some big names in markets and economics to get a sense of how they see the world and what's changed in recent years. One major change, obviously, is the end of ZIRP. And while Treasuries have rallied modestly this year, Gundlach sees mounting pressure on government balance sheets pushing yields higher going into the future. We also talk about gold, the greater opportunities for a US-based investor when looking internationally, and why everyone should be holding more cash in their portfolios.
Subscribe to the Odd Lots Newsletter
Join the conversation: discord.gg/oddlots
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You're being sold an AI future where you're obsolete or irrelevant. |
| 0:04.0 | That vision is wrong. |
| 0:06.0 | At Palantir, they're building AI that helps workers and unlocks their full potential. |
| 0:12.0 | American workers are our nation's greatest strength. |
| 0:16.0 | AI shouldn't eliminate them. It should elevate them. |
| 0:19.0 | Palantir is here to tell their stories. From factories |
| 0:23.0 | to hospitals, AI is freeing people from drudgery, letting them do what humans do best. Create, solve, |
| 0:31.0 | build. Palantir, making Americans irreplaceable. This is Tom Keen, inviting you to join me for the Bloomberg Surveillance Podcast. |
| 0:40.6 | It's about making you smarter each and every business day. |
| 0:44.2 | We bring you a recap of what happened overnight in Europe and Asia, the day's economic |
| 0:49.5 | data, and complete coverage of the U.S. market open. |
| 0:53.2 | We cover stocks, bonds, commodities, currencies, |
| 0:56.3 | even crypto, all the information you need to excel. Bloomberg's surveillance also brings you the |
| 1:02.4 | analysis behind the headlines. We do that with lengthy conversations with our expert guests, |
| 1:08.2 | the smartest names in economics, finance investment, and international |
| 1:12.3 | relations. We do all this live each and every weekday, then bring you the best analysis |
| 1:18.1 | in our daily podcast. Search for Bloomberg surveillance on YouTube, Apple, Spotify, or anywhere |
| 1:25.3 | else you listen. On the East Coast, listen at lunch, |
| 1:28.8 | and on the West Coast when you wake up. |
| 1:30.7 | That's the Bloomberg Surveillance podcast with me, Tom Keene, |
| 1:34.5 | along with Paul Sweeney and Lisa Mateo. |
| 1:37.1 | Subscribe today, wherever you get your podcasts. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.