Jeffrey Gundlach: The chance of recession is higher than 50%

CNBC, Released on 3/20/25

DoubleLine CEO Jeffrey Gundlach discusses Federal Reserve Chair Jerome H. Powell’s remarks following the FOMC’s decision to maintain the target federal funds rate. Gundlach highlights Powell’s emphasis on uncertainty and inertia in the current economic climate, noting the Fed’s cautious approach amid geopolitical tensions and tariff impacts. He analyzes the implications of the Fed’s updated inflation and growth forecasts, the potential for quantitative easing, and the challenges posed by high interest expenses on the federal deficit. Gundlach also shares his perspective on portfolio positioning, the performance of real assets like gold and Bitcoin, and the outlook for the U.S. and global markets.

Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named “Money Manager of the Year” by Institutional Investor. He is a graduate of Dartmouth College summa cum laude holding a BA in Mathematics and Philosophy. He attended Yale University as a PhD candidate in Mathematics.

Subscribe
Notify of
guest


0 Comments
Oldest
Newest
Inline Feedbacks
View all comments