“Bond King” says US running its economy like there’s no tomorrow

Posted by Emily Graffeo, Markets Insider

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Billionaire investor Jeffrey Gundlach told Yahoo Finance in a video interview on Monday that the US is running its economy like it doesn’t care if the dollar loses its global reserve currency status.

The DoubleLine Capital founder and CEO reiterated his long-held view that the dollar is going to go depreciate further versus peers the next few years, blaming the US’s current economic policies for the situation.

“We’re running our economy in a way that is almost like we’re not interested in maintaining global reserve currency status,” Gundlach said…read more.

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