Bill Gross: The bond bear actually began 18 months ago, after the Brexit vote
Even though commentary focused on the prevailing bond levels today, what Gross is saying is that the bottom in yields was actually July 2016, 18 months ago.
Sign in
Sign in
Recover your password.
A password will be e-mailed to you.
Browsing Tag
Bill Gross
Gundlach vs Gross: Here’s how a bond bear market starts
It’s semantics whether 2.50%, 2.63% or 3.00% is the right level to declare a bear market in bonds. What matters is that the two best-known bond market investors are now saying we are in or near a bond bear market.
Bill Gross on helicopter money and Universal Basic Income
Technological advancement in a world of high private debt means a substitution of capital for labor without big increases in demand. It is a recipe for low or negative growth. Add in demographic challenges in many countries and you have a…
Investing in liquidity driven markets
I have spent some time this past weekend reading what investment manager Hugh Hendry has had to say about why he has turned bullish. And the clear takeaways are twofold. First, it is very difficult to ‘fight the Fed’ when it wants growth.…
The Politics of Austerity
I hate to sound like a broken record here, but I believe the anti-austerians have it all wrong about the politics of austerity. Everywhere I look, there is some analysis that takes the statements of policy makers and big investors as…
More on back-loading austerity
This is just a brief follow-up to the daily commentary on austerity. I noticed that both EC head Manuel Barroso and PIMCO boss Bill Gross weighed in on European austerity today. And their comments support my contention that we are in the…
Bill Gross on irrational exuberance
Bill Gross' latest investment outlook is up at PIMCO and he echoes the theme everyone is now talking about - irrational exuberance. He goes into great depth, saying that we are at about 6 on a scale of one to ten when measuring asset price…
Gross: Quantitative easing will continue through “at least the end of the year.”
Bill Gross, co-chief investment officer at Pacific Investment Management Co., talks about the outlook for Federal Reserve monetary policy and debt purchases, known as quantitative easing. Gross also discusses the state of credit markets and…
Daily: Why Bill Gross and others are now buying Spanish and Italian sovereign debt
Bill Gross has admitted that he has started buying Spanish and Italian debt. That's quite a turnaround given he had been saying earlier that he wouldn't touch their sovereign debt with a ten-foot barge pole. So the question is why. And the…
Bill Gross: QE on hold but QE3 would be back on if jobs reports are weak
Last month PIMCO founder and Chief Investment Officer Bill Gross said PIMCO sees a mortgage-backed QE3 from the Fed as likely. As a result, Pimco has increased its exposure to these. He spoke to Bloomberg television yesterday about how his…