That’s Jeffrey Gundlach, the DoubleLine CEO speaking to CNBC, on how the next cutting cycle from the Fed may lead to a different experience for the broader economy. Gundlach is not alone in warning about government spending, which Fed Chair Jerome Powell called unsustainable. The Congressional Budget Office forecasts federal budget deficits will total $20 trillion over the 2025–2034 period, and it’s unusual to see big deficit-to-GDP ratios, such as 6% last year, when the economy is expanding. Gundlach…
Master your money.
Subscribe to MarketWatch.
Get this article and all of MarketWatch.
Access from any device. Anywhere. Anytime.
Subscribe Now
Already a subscriber?
Log In
Article Attribution | Read More at Article Source
That’s Jeffrey Gundlach, the DoubleLine CEO speaking to CNBC, on how the next cutting cycle from the Fed may lead to a different experience for the broader economy. Gundlach is not alone in warning about government spending, which Fed Chair Jerome Powell called unsustainable. The Congressional Budget Office forecasts federal budget deficits will total $20 trillion over the 2025–2034 period, and it’s unusual to see big deficit-to-GDP ratios, such as 6% last year, when the economy is expanding. Gundlach…
Master your money.
Subscribe to MarketWatch.
Get this article and all of MarketWatch.
Access from any device. Anywhere. Anytime.
Subscribe Now
Already a subscriber?
Log In
nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]