BRIEF-Doubleline Capital's Gundlach Says Rates Should Fall As We Move Into Recession In Early 2024

BRIEF-Doubleline Capital's Gundlach Says Rates Should Fall As We Move Into Recession In Early 2024

* DOUBLELINE CAPITAL'S JEFFREY GUNDLACH SAYS FED'S DECISION TODAY WAS A NEAR DIRECT REPEAT OF LAST MEETING - CNBC INTERVIEW

* DOUBLELINE CAPITAL'S GUNDLACH SAYS FED LEFT THE DOOR "WIDE OPEN" FOR FURTHER ACTION * DOUBLELINE CAPITAL'S GUNDLACH SAYS FED RAISING RATES A LITTLE BIT MORE SEEMS LESS CERTAIN

* DOUBLELINE CAPITAL'S GUNDLACH SAYS RISING INTEREST EXPENSE ON DEBT PUTS PRESSURE ON MARKETS * DOUBLELINE CAPITAL CEO GUNDLACH SAYS MARKET CANNOT SUSTAIN THESE INTEREST RATES ANY LONGER

* DOUBLELINE CAPITAL'S GUNDLACH SAYS WE NEED INTEREST RATES TO COME DOWN OR THE DEFICIT TO COME DOWN AND NEITHER OF THEM ARE COMING DOWN * DOUBLELINE CAPITAL'S GUNDLACH SAYS BELIEVE WE'VE STARTED A BOND RALLY HERE

* DOUBLELINE CAPITAL'S GUNDLACH SAYS RATES SHOULD FALL AS WE MOVE INTO RECESSION IN EARLY 2024 * DOUBLELINE CAPITAL'S GUNDLACH SAYS CPI IS LIKELY TO COME DOWN ON A HEADLINE BASIS

* DOUBLELINE CAPITAL'S GUNDLACH- INTEREST RATES ARE GOING TO START GOING UP BECAUSE OF THE INFLATIONARY RESPONSE THAT WILL BE PUT IN PLACE TO COMBAT NEXT RECESSION * DOUBLELINE CAPITAL'S GUNDLACH SAYS THE SHAPE OF THE YIELD CURVE IS EXTREMELY UNSTABLE AT THIS POINT IN TIME

* DOUBLELINE CAPITAL'S GUNDLACH SAYS BELIEVE LAYOFFS ARE COMING * DOUBLELINE CAPITAL'S GUNDLACH SAYS SEEING "VERY" RECESSIONARY SIGNALS

* DOUBLELINE CAPITAL'S GUNDLACH SAYS EXCITEMENT IN BONDS IS IN 2- AND 3-YEAR LIVE CREDIT * DOUBLELINE CAPITAL'S GUNDLACH SAYS CLOSED-END FUNDS OFFER 12-13% YIELDS WITH LIMITED RISK

* DOUBLELINE CAPITAL'S GUNDLACH SAYS HAVE BEEN NEGATIVE ON THE EQUITY MARKETS FOR SEVERAL MONTHS * DOUBLELINE CAPITAL'S GUNDLACH SAYS UNEMPLOYMENT RATE IS NOTICEABLY TRENDING HIGHER

* DOUBLELINE CAPITAL'S GUNDLACH SAYS RELAXATION IN BOND YIELDS HAS OBVIOUSLY BEEN A PROBLEM FOR THE STOCK MARKET * DOUBLELINE CAPITAL'S GUNDLACH SAYS INTEREST EXPENSE ISSUES MAY CAUSE THE NEXT FINANCIAL CRISIS

* DOUBLELINE CAPITAL'S GUNDLACH SAYS PREFER T-BILLS INSTEAD OF SITTING IN CASH * DOUBLELINE CAPITAL'S GUNDLACH SAYS IF ECONOMY ROLLS OVER, FED WILL CUT RATES 200 BPS, NOT 50

* DOUBLELINE CAPITAL'S GUNDLACH SAYS IF ECONOMY ROLLS OVER, FED WILL CUT RATES 200 BPS, NOT 50 * DOUBLELINE CAPITAL'S GUNDLACH SAYS OIL PRICES ARE DOWN BECAUSE THE ECONOMY IS SLOWING DOWN

* DOUBLELINE CAPITAL'S GUNDLACH SAYS OIL COULD VERY DEFINITELY GO HIGHER ON THE WRONG OUTCOME IN THE MIDDLE EAST * DOUBLELINE CAPITAL'S GUNDLACH SAYS EVERYONE SHOULD BE SURPRISED OIL PRICES ARE NEAR $80

* DOUBLELINE CAPITAL'S GUNDLACH THE 10 YEAR TREASURY WILL PROBABLY BE NOT DIFFERENT AT THE END OF NEXT YEAR * DOUBLELINE CAPITAL'S GUNDLACH SAYS OIL IS A WILD CARD, BUT FOR NOW, COMMODITIES ARE ASLEEP Source text for Eikon: Further company coverage: [ ]

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