US economy already in recession; Fed rate cuts very late, says bond king Jeff Gundlach
- Posted on September 19, 2024
- By Business News Today
- 1 Views
US economy already in recession; Fed rate cuts very late, says bond king Jeff Gundlach
The US economy may have already entered the recession period, feels market guru Jeff Gundlach, also asserting the fact that the Fed rate cuts have come in way too late, and could do little effect to put the economy back on track.
