DoubleLine CEO Jeffrey Gundlach warns of recession driven by 'cocktail of economic risk'

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Doubleline CEO Jeffrey Gundlach warns investors that the U.S. is 'out of tools' to gin up the economy during the next recession.

DoubleLine CEO Jeffrey Gundlach warns investors that the U.S. is "out of tools" to gin up the economy during the next recession.

The billionaire investor said the United States is "out of tools" to gin up the economy during the next recession. He pointed to the Federal Reserve's decision to leave interest rates steady and a dovish turnaround that boosted stocks this year. "Growth in the economy is simply growth in the debt," he said. "That's what's really responsible for growth in GDP."

 

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When you it's. A risk then Wall Street should down; I think they do this Risk Factor in Purpose as it get to knock out the money from all those IRA's; money just waiting to be spent! The Risk is nothing but thievery!

He has been wrong for 2 years.

I’ll have an eco-risk with an alt coin chaser. Actually make that a double.

Fairy boy Jeffery. 😇🧚‍♂️

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