‘Bond King’ Gundlach says there is an increasing chance of a recession before 2020 election

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CNBC/Thomas Franck/9-18-2019

“‘I think the economic data has gotten a little bit better, yet I still think, when we put it all together … it seems that there is an increasing probability of a recession before the 2020 election,’ Gundlach said in an interview with CNBC’s Scott Wapner.”

USAGOLD note:  Professional investors, including Gundlach, often cite recession concerns as one of the prime motivations for gold ownership – the ultimate asset of last resort.

Source: USA gold