DoubleLine Capital's Gundlach Says Believe We Will Eventually Say We Were In A Recession In September 2024
Portfolio Pulse from Benzinga Newsdesk
DoubleLine Capital's Jeffrey Gundlach predicts that we will eventually recognize that we were in a recession in September 2024, according to a CNBC interview.
July 31, 2024 | 7:35 pm
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Jeffrey Gundlach's prediction of a recession in September 2024 could lead to increased volatility and potential downward pressure on SPY, as investors may become more cautious.
Gundlach's prediction of a recession could lead to increased market volatility and a potential decline in SPY as investors may become more risk-averse and cautious about economic growth.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80