Gundlach Reduces Recession Odds, Warns of BBB Credit Risk

The video discusses the reduced likelihood of a recession in 2020, with consumer confidence and positive economic indicators playing a role. It highlights the risks associated with Triple B rated bonds, which may be downgraded to junk status due to high leverage ratios. The narrowing spread between Triple B and junk bonds is a concern, and investors are advised to act promptly to mitigate risks in their portfolios.

What is the chance of a recession according to the economists surveyed by Bloomberg?

What warning did Gunlock give regarding Triple B rated bonds?

How has the spread between yields on Triple B and junk rated bonds changed?

What factors contribute to the risk of Triple B rated bonds being downgraded?

What does Gunlock suggest for those holding Triple B rated bonds?