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Famously Wrong “Bond King” Jeffrey Gundlach Predicts 65% Chance Of Recession

Posted by Metals Corporate on

By John McDonald Jeffrey Gundlach has the kind of resume that entitles him to make sweeping predictions about the economy and the state of the financial markets.  As CEO of DoubleLine (a Los Angeles-based investment firm with over $100 billion under management) and former head of the $9.3 Billion TCW Total Return Bond Fund, Gundlach has a legitimate claim of expertise.  His status as a multi-billionaire and his large collection of industry accolades also make it easy to see why his predictions get serious attention. His latest prediction is an ominous one. Gundlach sees recession in the near future of the...

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