Jamie Dimon Quashes Recession Fears — Here’s Why He’s Wrong

Jamie Dimon

Despite worries of an impending global recession, Jamie Dimon is still feeling rather positive about the state of the U.S. economy — but his sentiment might be misguided. The J.P. Morgan Chase chairman says his gut feeling is that the American economy isn’t nearing a turn for the worse — telling reporters at the Business … Read more

Billionaire Bond Investor Warns of 75% Chance of 2020 Recession Crunch

US Recession, Recession

The fear of a US recession has been on the rise of late. Notable economist Robert Shiller recently said that he “wouldn’t be at all surprised” to see the US go into a recession next year, and now he is being joined by billionaire investor Jeffrey Gundlach. By loading the tweet, you agree to Twitter’s … Read more

Wall Street Bond King on Democrats’ 2020 Hopefuls: ‘Short Them All’

Joe Biden, Elizabeth Warren, Beto O'Rourke

By CCN.com: Jeffrey Gundlach, who in addition to being the CEO of DoubleLineCapital is known as the Bond King, is famous for his strong opinions. A vocal critic of politicians on both sides of the aisle, the hedge fund boss aimed at the Democratic candidates for the 2020 election in a blistering attack during the … Read more