Gundlach Skeptical of 'Goldilocks' Economy, Foresees Recession Jeffrey Gundlach, CEO of DoubleLine Capital, expressed skepticism towards the optimism of a “Goldilocks” economy—a scenario where conditions are just right for growth without triggering inflation. Speaking on CNBC’s “Closing Bell,” Gundlach voiced his concerns that such a perfect balance is unrealistic, especially after Federal Reserve Chair Jerome Powell’s recent remarks, which Gundlach interprets as dampening the hopes for this ideal economic state. Gundlach remains steadfast in his prediction of a looming recession, countering the more optimistic view that the Federal Reserve’s aggressive rate hikes over the past year haven’t severely impacted economic expansion. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Oil Prices Waver as U.S. Stockpile Growth Meets OPEC+ Supply Cut Speculation READ MORE Iran’s currency hits a record low READ MORE Higher Inflation Challenges South Africa's Economic Stability READ MORE Turks pile into the dollar, gold and stocks as 67% inflation savages ‘worthless lira’ READ MORE BRICS Nations' Gold Rush: Safeguarding Economies Against US Recession Fears READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment