DoubleLine CEO Jeffrey Gundlach, with CNBC's Scott Wapner and Bob Pisani live at Exchange ETF in Miami, warns of added volatility to the economic cycle and rising interest rates post-recession thanks to the fiscal response and U.S. government debt burden. Despite the recent CPI report affecting expectations for interest rate cuts, Gundlach doubts it will sway the Fed's decisions significantly. He also highlights concerns about stock market valuations and tech company concentration risk, advocating for equal-weighted investments over passive market-weighted ones. Gundlach stresses the importance of international investing scrutiny and expresses optimism about India's economy. The conversation shifts to investment allocation, with a recommendation for a more conservative portfolio and an eye on purchasing assets at lower prices in the future.