Jeffrey Gundlach
Showing 1–2 of 2 transcripts.
- Milken Institute54 min
Banks, Private Credit, and the Future of Risk | Global Conference 2026
Erik Schatzker, Vivek Bantwal, Molly Duffy, Jeffrey Gundlach, Kristofer Kraus, Brad Rogoff, Paul
A panel of financial experts convened to assess that while direct lending poses no immediate systemic threat comparable to the 2008 crisis, significant risks remain due to loosened underwriting standards, high leverage in enterprise software, and critical liquidity mismatches in semi-liquid funds. The discussion highlighted how valuation opacity and rising refinancing costs ahead of the 2028–2029 maturity wall are eroding investor trust, particularly among retail participants facing redemption gates. Despite these structural fractures and a potential recessionary spike in defaults, institutional capital continues to view the volatility as an opportunity to deploy funds at wider spreads while awaiting a market correction driven by credit dispersion rather than a total collapse.
- Milken Institute59 min
Real Estate: Housing Builds a New Foundation
Rick Newman, Stan Humphreys, Jeffrey Gundlach, Larry Mizell, Jed Kalko, Steve Brown
A recent industry analysis details a housing market characterized by declining sales volumes, stagnant household formation, and severe affordability strains driven by high mortgage rates and restrictive lending standards. Experts such as Jeffrey Gundlach and Larry Mizell describe a secular shift from an investor-led recovery toward a "renter phase," where supply constraints in major urban hubs and demographic changes limit new home starts to cyclical lows. While future forecasts predict a slowdown in price appreciation to around 3%, the sector faces complex pressures from rising interest rates, potential GSE reform, and a long-term transition away from traditional single-family homeownership among younger cohorts.