"It's pretty clear that we have the look of soon to be at the front end of a recession."
"The momentum of leading indicators has not improved," Gundlach said Tuesday. economic leading indicators, as measured by the Conference Board, the outlook seems "absolutely full-on recessionary," Gundlach said during a webcast titled 'Dust in the Crevices.' Sign up here!ĭoubleLine Capital CEO and billionaire bond investor Jeffrey Gundlach doubled down on his recession call and said he still liked gold as 'real money' despite the precious metal's trouble staying above $2,000 an ounce. Receive a comprehensive recap of the day's top stories directly to your inbox. Get all the essential market news and expert opinions in one place with our daily newsletter.
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