Kevin Warsh faces economic headwinds as new Fed chair

DoubleLine CEO Jeffrey Gundlach discusses the challenges facing incoming Federal Reserve Chair Kevin Warsh and the impact of oil prices on the U.S. economy on ‘Sunday Morning Futures.’

Federal Reserve Chairman-designate Kevin Warsh inherits an economy facing significant challenges including surging inflation, fueled by rising energy prices and the Iran conflict. Jeffrey Gundlach, CEO of DoubleLine Capital, tells Maria Bartiromo that inflation is now above the Fed funds rate. He cautions against private credit, highlighting a remarkably strong stock market and the bullish outlook for commodities.