Jeffrey Gundlach Fed Day - CNBC Closing Bell - 12 June 2024

with Scott Wapner,Steve Liesman and Jeffrey Gundlach,founder,CEO and Chief Investment Officer of DoubleLine Capital LP The interview took place in DoubleLine's Los Angeles office.The Federal Reserve left interest rates unchanged at its June meeting.Mr.Gundlach is predicting a recession and is less sure the Federal Reserve will make even one interest rate cut this year.He currently likes investing in gold and India.DoubleLine has a range of mutual funds,closed end funds,exchange traded funds and UCITS.UCITS is a European Union regulatory framework for trading mutual funds. Based in Tampa,Florida,DoubleLine is majority employee owned and employs 248.Oaktree Capital Mangement owns a 20% stake in the firm.