DoubleLine CEO Jeffrey Gundlach, known as 'The Bond King,' warned that in 2023 'we may see a real recession.”
"Things looked pretty good in the aftermath of the money spray in response to the pandemic but, a lot of that was consumption brought forward," Gundlach went on to note, pointing to the trend of personal consumption expenditures from durables, nondurables and services.
"For five years or four years going into the lockdown prior to the pandemic, all three of those series were rising very gradually and consistently and at the same pace," Gundlach said. DoubleLine CEO Jeffrey Gundlach, known as 'The Bond King,' warned that in"2023 we may see a real recession."
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Euro to hit parity vs. the dollar this year, Europe's largest fund manager saysThe chief investment officer of Europe's largest fund manager expects the euro to fall to parity against the dollar.
Les mer »
Slutty Vegan Founder Pinky Cole Raises $25 Million In Series A Funding Round With New Voices Fund And Enlightened Hospitality Investments As Lead InvestorsIn a For(bes) the Culture exclusive, Cole says she has raised $25 million through a Series A funding round that values her four-year-old brand at $100 million.
Les mer »
Art collective Meow Wolf planning expansion in DFW, HoustonThe eclectic art collective, MeowWolf, is planning an expansion in the Dallas and Houston areas.
Les mer »
Project Row Houses announces $10M renovation for historic Eldorado BallroomThe project is expected to be completed in early 2023.
Les mer »
Esse Australia Resort 2023 CollectionEsse Australia Resort 2023 collection, runway looks, beauty, models, and reviews.
Les mer »
Watch the Louis Vuitton Runway Show LiveSee the Cruise 2023 collection as it comes down the runway.
Les mer »