‘Deposits are going to keep drifting out,’ says DoubleLine’s Gundlach, warning of echoes of S&L crisis at banks
May 03, 2023 at 17:23 PM EDT
'I'm really turning more bearish,' Jeffrey Gundlach, CEO of DoubleLine, tells CNBC on Wednesday, after the Federal Reserve's rate hike, while warning of more stress in the banking system.
