Fund manager Jeffrey Gundlach says US recession chance is 40-50% in 6 mths, 65% in 12
Gundlach is a founder of DoubleLine Capital. Quite a clever chap indeed.
If memory serves he has been banging on about an impending US recession for many, many months now. Far be it from me to question him …. but ….
I suppose, what with the passage of time being in one direction (I probably just alienated a whole heap of physicists with that - comments welcome ladies and gentlemen) we are getting closer to a recession. So there is that.
- tariffs could curb consumer spending
- yield curve, NY Fed recession probability show rising probability of recession
- bond market is saying 2 or 3 quarter percent cuts between now and year end
Says he is not expecting the FOMC to cut in June.