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
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.
wife wives-love newspapers
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.
expanding neighbor
What we're doing is kind of expanding upon the neighbor concept.
curve dynamic economy front lower means normal point rates returning short trade ultimately yields
At some point down the road, in a dynamic economy such as the U.S., we should be returning to a more normal shape. That means ultimately short rates and the front end of the curve will trade at lower yields than long rates.
easing economy effect fairly fed keeps market stock strong transmit wealth
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,
bonds few weeks
I like bonds better than I did a few weeks ago.
disparate hope increasing market opinions therefore
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.
approaches close fair market means needs percent yield
The market needs to yield close to 3.5 percent before it approaches fair value, and that means Dow 5,000,
bonds government price recession slower suffers
That is not to say that long government bonds won't go up in price if the 'system' suffers some elimination, slower growth, or to be frank, a recession in 2006,
environment turn unstable
a very unstable environment which can turn any minute.
economy economy-and-economics
I think ... that the economy is declining,
brand sites
Sites don't like that; and big, and important sites won't participate because that siphons off their brand identity,