Bill Gross
Bill Gross
William Hunt "Bill" Grossis an American financial manager and author. He co-founded Pacific Investment Management. Gross also ran PIMCO's $270.0 billion Total Return Fund. Gross left Pimco to join Janus on September 26, 2014...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth13 April 1944
CountryUnited States of America
cracks falls housing
If housing cracks and falls hard, we've got a recession.
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Even our attorney in Valley City is a volunteer.
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The Fed knows that the economy is in terrible shape and that they must bring down short-term rates to the level of inflation. If inflation keeps coming down, the Fed, to a certain extent, has to chase inflation.
great high time
It's not a great time for high yield.
cautious hike
I'd say they hike with a cautious statement,
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If the economy slows down, if housing moves back down, then at some point late in 2006 the Fed starts to lower rates. That's why a 10-year note yield at 4.55 percent is a decent value as opposed to overvalued.
bond days salad
There's little doubt...that the bond market's salad days are over,
attention draw
I try to draw attention to where we were before the hurricane,
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I would like GE and other companies to be more candid in terms of disclosing exactly how they do these things, ... If they grow earnings, then let's hear about it and find out how much comes from those types of maneuvers.
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Companies have been diluting your equity via stock options claiming that management needs incentives of millions of dollars just to get up in the morning and come in to work, ... Then they pick you off by trading on insider information, selling shares before the bad news hits and you have a chance to get out.
sure year
I'm sure it's going to take us a year or two, but it's in the works.
economy economy-and-economics slower telling
It is telling us that we have a slower economy ahead.
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The major difference between us and Excite, for example, is that they work at only 12 participating merchants, who are paying Excite a transaction fee for every purchase, ... We are not holding the customer's data. It's on your PC; eWallet just passes it through to a site without us ever even seeing it.
believe bond goes inflation investors lower stay
So, the lower inflation goes and the more and more investors believe that inflation will stay low, the better it is for the bond market.