Business Insider: US Economy Will 'Hit a Wall' By the Spring - and Inflation Could Spike Again, Warns 'Bond King' Jeffrey Gundlach
Article by Theron Mohamed in Business Insider
The US economy is barreling toward recession as consumers' finances crumble, and inflation could surge again, Jeffrey Gundlach has warned.
"I think the economy is going to hit a wall in the next six or eight months or so, and there's going to be a real shutdown in consumer activity due to all of these interest payments that have to be made," he told Fox Business Thursday.
The billionaire investor and DoubleLine Capital CEO noted that many Americans managed to ......