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Recession Probabilities Rise 40-45% in Six Months Says Doubleline’s Gundlach

edited June 2019 in The Bullpen
Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Thursday the probabilities of a recession have moved up 40-45% in six months and 65% in one year. Gundlach, who oversees more than $130 billion in assets under management, said the yield curve and the New York Fed recession probability showed a rising probability of recession.

https://www.reuters.com/article/funds-doubleline-gundlach/recession-probabilities-rise-40-45-in-six-months-doublelines-gundlach-idUSL2N23K1KZ
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