DoubleLine's Gundlach bearish on U.S. dollar, says stocks 'lofty'

The U.S. dollar is unlikely to make significant moves higher in the near term because of the ballooning budget deficit, Jeffrey Gundlach, the billionaire chief executive of DoubleLine Capital, said on a webcast presentation on Tuesday.

from Reuters: Business News https://ift.tt/2AXu0IR