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 Banking Sector Woes Propel Treasury Rally, Rate Cut Forecasts READ MORE US Housing Market Shows Life, Yet Overvaluation Clouds Recovery, Fitch Reports READ MORE CEOs Rank National Debt as the Top Geopolitics Threat in 2024 READ MORE Inverted Yield Curve Signals Caution, But Economic Strength Defies Predictions READ MORE Rising Tide of Corporate Debt Defaults: An 80% Surge in 2023 Signals Troubling Trends Ahead READ MORE Add a Comment Cancel replyYour email address will not be published.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