Newsig · MarketWatch

‘I just want out’: Why Jeffrey Gundlach is moving his money as far from AI as possible — and what he’s doing instead

The DoubleLine Capital CEO founder and chief investment officer has laid out his fears over where the AI trade is headed and how he plans to protect portfolios.

Why it matters

NVDA (NVIDIA) · Why linked: Core AI trade beneficiary that Gundlach is specifically moving away from. Market context: Bearish as one of the most concentrated AI beneficiaries faces high-profile investor de-risking.

QQQ (Invesco QQQ) · Why linked: Nasdaq-100 ETF heavily weighted toward AI-exposed mega caps that Gundlach is avoiding. Market context: Bearish sentiment as a respected fixed-income investor flags AI trade risk.

TLT (20+ Year Treasury) · Why linked: Gundlach, the 'Bond King,' is known for shifting into Treasuries as a defensive move. Market context: Mildly bullish if he is rotating into long-duration Treasuries as a safe haven away from AI equities.

How NVDA, QQQ, TLT usually react

This story is too recent for its own reaction record — we score each asset against the actual price move 24h after publication. These are the long-run figures across every event we have tracked for them.

AssetEventsAvg max moveClosed lower
NVDA14+1.86%36%
QQQ3+1.28%67%
TLT9+0.62%67%

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How the reaction data is measured · Editorial policy