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 Gen Z will pay dearly for this U.S. blunder on the massive debt that boomers, Gen X, and millennials are dumping on them, former White House economist warns READ MORE Gold prices dip after record highs on profit taking, rate cut bets cool READ MORE Fed's Rate Strategy for 2024: Stability Over Cuts, Says One Wall St Analyst READ MORE S&P 500 heads for worst month since 2022 as bond yields jump on inflation fears READ MORE Add a Comment Cancel replyYour email address will not be published.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