My USD view’s been clear & unwavering for a year now: Bullish short run (six months to a year) and bearish long run (two years plus). Inexorably the long run prevails. Yield curve now steepening & twin deficits still outrageous. USD headwinds building so turning point nearing.
— Jeffrey Gundlach (@TruthGundlach) April 18, 2022