DoubleLine's Gundlach sees US recession within four months

Kitco Media
By Reuters
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Reuters
NEW YORK, March 16 (Reuters) - Jeffrey Gundlach, the chief executive of DoubleLine Capital, said a recession could happen within the next four months, as 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," Gundlach said in a Twitter Spaces audio chat on Thursday. (Reporting by Davide Barbuscia; Editing by Leslie Adler)

Messaging: davide.barbuscia.reuters.com@reuters.net))
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