DoubleLine’s Gundlach sees US recession within four months

by Aurelia Butler 16 March 2023, 20:36 189 Views

NEW YORK (Reuters) – Jeffrey Gundlach, the chief executive of DoubleLine Capital, said a recession could happen within the next four months, as recent U.S. bank failures have exacerbated the tightening of financial conditions caused by higher borrowing rates.

“With all that’s going on I think a recession is probably within four months at the most,” Gundlach said in a Twitter Spaces audio chat on Thursday.

Source: Economy - investing.com

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DoubleLine’s Gundlach sees US recession within four months

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