REUTERS SUMMIT-Risk of recession receding, now at 40% -DoubleLine
DoubleLine Capital, the
investment manager headed by Jeffrey Gundlach, has lowered its
view on the chances of a U.S. recession in the next year to 40%
from 75% a few months ago, said Andrew Hsu, co-portfolio manager
of the DoubleLine Total Return Bond Fund (DBLTX).
investment manager headed by Jeffrey Gundlach, has lowered its
view on the chances of a U.S. recession in the next year to 40%
from 75% a few months ago, said Andrew Hsu, co-portfolio manager
of the DoubleLine Total Return Bond Fund (DBLTX).
Posted by Reuters
