May 7, 2019 / 5:05 PM / in 12 days

DoubleLine's Gundlach sees better than 50 percent chance new tariffs happen

May 7 (Reuters) - Jeffrey Gundlach, chief executive officer at DoubleLine Capital, said on CNBC on Tuesday that he sees a better than 50 percent chance that new tariffs will happen.

Asked if U.S. stocks are still in a bear market: “Of course we are,” Gundlach said. The U.S. stock market “has gone nowhere in 15 months.” (Reporting By Jennifer Ablan )

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