Jeffrey Gundlach says inflation is peaking, and here's where he'd put money to work right now

Jeffrey Gundlach
Heidi Gutman | CNBC

DoubleLine Capital CEO Jeffrey Gundlach said Tuesday that inflation is likely to have peaked but price pressures will continue to be a challenge for the Federal Reserve, which he thinks is behind the curve.

The so-called bond king also revealed his market outlook and where he's putting money to work right now.