Gundlach Thinks A Recession's Likely in 2023 - 17 martie 2022

“We have an incredibly flat yield curve given where we are in terms of the absolute rate level and the inflation level,” he said. Stocks are oversold and will go higher in the immediate term but will roll over once a couple more rate hikes are in place, Gundlach added. 

The billionaire fund manager expects inflation to be sticky even though price pressures may ease. He sees 2022 inflation coming in lower from a year ago in the “high 5%” but not at the level the Fed is forecasting.

https://finance.yahoo.com/news/gundlach-thinks-recession-likely-2023-212402364.html