Gundlach was speaking in a Twitter Spaces audio chat.
- said a recession could happen within the next four months
- recent U.S. bank failures have exacerbated the tightening of financial conditions caused by higher borrowing rates
- "With all that's going on I think a recession is probably within four months at the most"
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4 months is a tight timeframe. The US recession has been 6 months away for a few years now.