Jeffrey Gundlach: Most risk parity portfolios tend to stick with allocations that are pretty similar. You have always seemed to be against holding cash or a short term treasury ETF in a risk parity portfolio because it drags on performance. Does your opinion change if we are facing multiple years of 5% plus interest rates? He says the best advice is to stay the course and not get too wound up about what short term rates are this year or next year.