The US rating will hurt the dollar a lot

S&P’s downgrade of the U.S. credit rating from the highest AAA to AA + will have a more negative impact on the value of the U.S. dollar than on U.S. government debt, Jeffrey Gundlach said. Founder of the DoubleLine Capital investment fund and one of the world’s most respected debt bond investors, Gundlach spoke in … Read moreThe US rating will hurt the dollar a lot