DoubleLine's Gundlach: Sees US recession chance at 40-50% in 6 months

Dhwani Mehta FXStreet

Jeffrey Gundlach, Wall Street's bond king and Founder and Chief Executive Officer of DoubleLine, which manages $120 billion, says that there are increasing risks of the US falling back into recession amid looming US-Chia trade war.

Key Headlines:

“Sees US recession chance at 40-50% in 6 months and a 65% chance in the next 12 months.

Tariffs could curb consumer spending.

The yield curve, NY Fed recession probability show rising probability of recession.

The bond market is saying 2 or 3 quarter percent cuts between now and year end.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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