Gundlach Says Dollar Doesn’t Act Like Safe Haven Currency

Jan. 28, 2026, 8:51 PM UTC

DoubleLine’s Jeffrey Gundlach tells CNBC that the dollar does not act like a safe haven currency, and hasn’t for a while now.

  • Safe haven appears to be tangible assets, like gold and silver, not Bitcoin, Gundlach says in interview
  • Gundlach says he would pick Christopher Waller for Federal Reserve Chair
  • He would “bet heavily that there’s not another rate cut under Jay Powell,” who has two more meetings remaining as chair of the Fed
  • Gundlach greatly favors public markets over private markets — and has for about 18 months
    • Gundlach says he has not made any changes to the structure ...



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