Bond king Jeff Gundlach says the odds of a US recession before the 2020 election have grown

The odds that the US falls into a recession before the 2020 election have grown, according to Jeffrey Gundlach, who oversees $140 billion as the CEO of DoubleLine Capital.  He previously said the recession risk before the election is 75%. Now, it’s higher because the yield-curve inversion has righted itself, he said at an event in London, according to Bloomberg.  Gundlach also said he’s neutral on gold and doesn’t expect a US-China trade deal

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