DoubleLine Capital CEO Gundlach says a US recession is probable by mid-July (this year)

  • Says US bank failures have tightened financial conditions further

Gundlach was speaking in a Twitter Spaces audio chat.

  • said a recession could happen within the next four months
  • recent U.S. bank failures have exacerbated the tightening of financial conditions caused by higher borrowing rates
  • "With all that's going on I think a recession is probably within four months at the most"

---

4 months is a tight timeframe. The US recession has been 6 months away for a few years now.

Recession

Top Brokers

Sponsored

General Risk Warning