DoubleLine’s Gundlach Says to Buy International Stocks on the Dollar's 'Secular Decline'
- International stocks may outperform U.S. equities due to the dollar's believed secular downtrend, according to DoubleLine Capital CEO Jeffrey Gundlach.
- Gundlach mentioned that the dollar is experiencing a decline, which has affected sentiments toward U.S. assets due to trade policies.
- He suggested that investing in foreign stocks could lead to favorable results if the dollar continues to weaken against foreign currencies.
- Gundlach advised that the Federal Reserve is likely to maintain current interest rates despite low inflation.
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Jeffrey Gundlach on AI Enthusiasm, Gold, and the U.S Debt Reckoning Ahead | The Acquirer's Multiple®
“It’s certainly behaving differently than it was for the last four decades,” Jeffrey Gundlach said at the Bloomberg Global Credit Forum. “Things are behaving differently.” He wasn’t just talking about the S&P 500. “Usually when the Fed starts cutting interest rates… the 10-year Treasury almost always goes up immediately… This time the 10-year yield went up and the yield curve is steepening.” Why? “The interest expense for the United States is un…
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Total News Sources11
Leaning Left2Leaning Right1Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 29%
C 57%
14%
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