DoubleLine CEO Jeffrey Gundlach warns of recession driven by ‘cocktail of economic risk’

DoubleLine CEO Jeffrey Gundlach warned investors Tuesday that the U.S. is unequipped for recession as it becomes increasingly strapped by debt.  “Any thoughtful person would be concerned,” the so-called “bond king” said in a webcast. “It’s sounding like a pretty bad cocktail of economic risk, and risk to the long end of the bond market.”