June 13, 2019 / 9:33 PM / 2 months ago

Recession probabilities rise 40-45% in six months -DoubleLine's Gundlach

June 13 (Reuters) - 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. (Reporting by Jennifer Ablan Editing by Tom Brown)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below