DoubleLine's Gundlach Predicts Interest Rate Fall as US Economy Enters Recession in Early 2024

DoubleLine Capital CEO Jeffrey Gundlach predicts that interest rates will fall as the US economy enters a recession in early 2024. Gundlach's forecast aligns with a growing consensus among economists. He also suggests that higher interest rates may follow the recessionary response. However, some experts, like Gerber Kawasaki, believe that a recession may not occur in 2024 due to underlying demand and positive employment trends.