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
order safety trying
Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession. That's where they want to go.
dollars sanity creditors
Dollar depreciation leads to higher inflation and ultimately forces foreign creditors to question their rationale and indeed their sanity for continuing purchases of U.S. Treasuries.
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Whenever I read the newspaper, I say to myself, 'At least my wife loves me.'
government-debt movement boat
With all this consumer debt, business debt, government debt, smaller movements in interest rates have a magnified effect. a small movement can tip the boat.
ideas portfolios oblivion
Do you really like a particular stock? Put 10% or so of your portfolio on it. Make the idea count … Good [investment] ideas should not be diversified away into meaningless oblivion.
expanding neighbor
What we're doing is kind of expanding upon the neighbor concept.
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If Fed Funds were expected to rise in the future, the curve would be positive with intermediate and long bonds requiring higher yields as a cushion against accelerating short rates. If the Fed were expected to lower rates, a flatter, even inverted curve might result. It's not that this academic theory has been dislodged in recent years but it may have been asked to take a seat next to the increasingly important variable of global financial flows. These flows, no doubt, rely critically on the willingness of foreign investors to hold U.S. assets in the face of potential currency and asset price depreciation.
slam
In this kind of an environment, that's a slam dunk.
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Inflation and deflation in this levered world coexist nearly side-by-side,
bark exterior heart underneath worse
His bark is worse than his bite. He's got a gruff exterior but underneath is a heart of gold.
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As long as the stock market does what it does, and keeps going up, the wealth effect is going to transmit into a fairly strong U.S. economy and preclude the Fed from easing rates,
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I like bonds better than I did a few weeks ago.
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This is a market of disparate opinions and therefore increasing opportunities for those who get it right. We hope to be one.
investment markets prosper states ultimately united
Investment markets in the United States will not ultimately prosper under such an increasingly odorous environment.