A US-based investor should diversify away from all US and all dollar-based assets, particularly into emerging market equities and bonds in local currencies, because both index returns and currency translation will provide a double whammy of outperformance as the dollar weakens.
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Speaker
Jeff GundlachEvidence Quote
“I've been pounding the table. You've got to get away from all US. You've got to get away from all dollar-based, even if you're particularly if you're a a United States person, because you're going to make money on relative performance and on currency translation. And that's been the case now for a year and a half, and I I suspect that we're in the second inning of this, not that not the eight not the or the the bottom of the ninth or something like this.”
Created: 8/12/2026, 6:25:56 PM
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