text: Speaking at a financial conference this week, DoubleLine’s Jeff Gundlach warned, “I would say there’s potentially a calamity coming in 2023.” Gundlach expounded on previous expectations that a recession would not come in 2022, adding that it “might not be until 2023.” (AC: While some banks continue to say it’s too early to call a recession, partial consensus is forming that 2023 will be a very disruptive year economically and financially. – M.S.)The information provided by Forward Observer in this report is for informational purposes only. It should not be considered financial advice. You should consult with a financial advisor to determine what may be best for your financial needs.— END REPORT