Gundlach says the dollar is ‘doomed’ over the long term because of rising U.S. deficits

DoubleLine Capital CEO Jeffrey Gundlach told CNBC on Thursday that he believes the U.S. dollar is “doomed” over the long term.

“The dollar is going to fall pretty substantially” at some point due to increasing U.S. trade and budget deficits, Gundlach said.

“It’s a question of what your horizon is,” the so-called bond king added.
https://www.cnbc.com/2021/07/15/doub...long-term.html