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You are here: Home / Top Stories / Key Words: ‘Deposits are going to keep drifting out,’ says DoubleLine’s Gundlach, warning of echoes of S&L crisis at banks

Key Words: ‘Deposits are going to keep drifting out,’ says DoubleLine’s Gundlach, warning of echoes of S&L crisis at banks

May 3, 2023 by MarketWatch.com - Top Stories

‘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.

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