Cocktail? Did someone say Cocktail?

One of my regular "go-to" Market Moguls...Jeff Gundlach CFO of Doubleline Capital holds regular updates, complete with cool PowerPoint presentations. I look forward to these updates and often use them in my Monthly Email Blasts. Last Tuesday this headline caught my eye:

Gundlach Warns of 'Cocktail of Economic Risk'

The U.S. economy will be quite vulnerable when the next recession hits, Gundlach says.

“Any thoughtful person would be concerned,” he said during a webcast on Tuesday. Combining these issues with the impact of tariffs, “It’s sounding like a pretty bad cocktail of economic risk, … and risk to the long end of the bond market. The Bond King puts the odds of a Fed rate cut over the next 12 months at roughly 70%.

As for the chance of a recession in the next two years, he said that “would be extremely high.” “For the next 12 months, I’d give you a recession probability that’s 50-50. Next six months, I’d probably have it down at 30%.”

To see what other risks make up his Risk Cocktail, check out this link: https://www.thinkadvisor.com/2019/05/15/gundlach-warns-of-cocktail-of-economic-risk/?kw=Gundlach%20Warns%20of%20%27Cocktail%20of%20Economic%20Risk%27&utm_source=email&utm_medium=enl&utm_campaign=portfoliobuilder&utm_content=20190520&utm_term=tadv