PodcastMay 31, 20267 min readyoutu.be

Is This 1999 Again? | 30 May 2026 | DoubleLine Minutes

Source

Watch on YouTube ↗

Speaker Details:

Eric Dhall (DoubleLine Capital - Portfolio Manager)
Ryan Kimmel (DoubleLine Capital - Macro Asset Allocation Strategist)
Recording Date: Friday, May 29, 2026 (Shorty after 10 a.m. Pacific)

1. US Equity Markets & The "1999" Tech Echo

The "Headline Ping-Pong" Dynamics: [00:00:20] Equity markets are currently being whipsawed by intense short-term news flows, termed "headline ping-pong" internally at DoubleLine. This environment has unlocked "animal spirits" and a wave of retail/institutional fear of missing out (FOMO) regarding the artificial intelligence revolution that has not been witnessed since the late 1990s technology bubble.

References

Original source (youtu.be)

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April PCE Inflation Measures: [00:12:57] The headline Personal Consumption Expenditures (PCE) deflator for April registered at +0.40% month-over-month, slightly softer than the consensus expectation of +0.50% and decelerating from March’s rapid +0.66% print. However, the headline year-over-year PCE pace accelerated to 3.8%, marking the swiftest rate since May 2023.
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Is This 1999 Again? | 30 May 2026 | DoubleLine Minutes

1. US Equity Markets & The "1999" Tech Echo

References

Investing in a Divergent Economy | 1 Jun 2026 | Notes on the Week Ahead | David Kelly | J.P.Morgan

Falling Yields Reinforce Equity Market Resilience | June 1, 2026 | Professor Siegel Weekly Commentary | WisdomTree

RBI Needn’t Hike Rates; Must Nudge Capital Flows By Bearing Hedging Cos Of ECBs: Chetan Ahya | 2 Jun 2026 | CNBC-TV18

Is This 1999 Again? | 30 May 2026 | DoubleLine Minutes

1. US Equity Markets & The "1999" Tech Echo

References

Investing in a Divergent Economy | 1 Jun 2026 | Notes on the Week Ahead | David Kelly | J.P.Morgan

Falling Yields Reinforce Equity Market Resilience | June 1, 2026 | Professor Siegel Weekly Commentary | WisdomTree

RBI Needn’t Hike Rates; Must Nudge Capital Flows By Bearing Hedging Cos Of ECBs: Chetan Ahya | 2 Jun 2026 | CNBC-TV18

2. Fixed Income & The Return of Bond Vigilantes

3. Macroeconomic Data & The Consumer Income Squeeze

4. Central Bank Policy & Commodities

Finding Balance: Growth, Income and Liquidity | 1 Jun 2026 | Morgan Stanley

1. US Equity Markets & The "1999" Tech Echo

References

Related nuggets

Investing in a Divergent Economy | 1 Jun 2026 | Notes on the Week Ahead | David Kelly | J.P.Morgan

Falling Yields Reinforce Equity Market Resilience | June 1, 2026 | Professor Siegel Weekly Commentary | WisdomTree

RBI Needn’t Hike Rates; Must Nudge Capital Flows By Bearing Hedging Cos Of ECBs: Chetan Ahya | 2 Jun 2026 | CNBC-TV18

1. US Equity Markets & The "1999" Tech Echo

References

Related nuggets

Investing in a Divergent Economy | 1 Jun 2026 | Notes on the Week Ahead | David Kelly | J.P.Morgan

Falling Yields Reinforce Equity Market Resilience | June 1, 2026 | Professor Siegel Weekly Commentary | WisdomTree

RBI Needn’t Hike Rates; Must Nudge Capital Flows By Bearing Hedging Cos Of ECBs: Chetan Ahya | 2 Jun 2026 | CNBC-TV18

2. Fixed Income & The Return of Bond Vigilantes

3. Macroeconomic Data & The Consumer Income Squeeze

4. Central Bank Policy & Commodities

Finding Balance: Growth, Income and Liquidity | 1 Jun 2026 | Morgan Stanley