#140 DoubleLine Capital's Jeff Sherman On Fed Policy, The Economy, And Why Rate Cuts Likely Won't Happen Until June Or Later

Jeff Sherman, Deputy CIO of DoubleLine Capital, joins The Julia La Roche Show for episode 140 to break down the first FOMC meeting of 2024 and his outlook for the economy and the markets, inflation, and more. Takeaways The FOMC meeting indicated that interest rate cuts may be on the horizon, but the timing and extent of the cuts are uncertain. Positive real yields in the bond market offer attractive investment opportunities, especially compared to the volatility of the equity market. The current economic outlook is relatively positive, but there are risks to consider, such as potential inflation and the impact of interest rate policy. Investors should be cautious and evaluate the risks associated with their investments, considering factors such as inflation, market volatility, and the potential for economic downturns. Timestamps:  00:00 Introduction and welcome 01:00 FOMC meeting reaction 05:27 QT   11:20 Positive real yield investment opportunities  14:50 Stocks vs. bonds  20:00 Economic outlook  30:00 Value threshold is higher  32:30 Inflation 39:00 Risks Links:  Twitter/X: https://twitter.com/DLineCap and https://twitter.com/ShermanShowPod DoubleLine Capital: https://doubleline.com/ Podcast: doubleline.com/podcasts/