Jeffrey Gundlach, CEO and CIO of DoubleLine, predicts that gold will reach $4,000, citing its ongoing bull market and aggressive central bank purchases. He also discusses the outperformance of European stocks, the vulnerability of major U.S. tech stocks, and the potential for a U.S. recession. Gundlach emphasizes the need for government spending cuts and expresses uncertainty about the bond market's reaction to Federal Reserve policy.
image sourced from original article at https://www.jpost.com/business-and-innovation/precious-metals/article-846612Original article source: https://www.jpost.com/business-and-innovation/precious-metals/article-846612
Source Id: 2025-03-664156608
