bill gross

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Bond-king Bill Gross labelled global central banks’ $12 Trillion balance sheets as ‘methadone’ for investors, as they continue to crave debt and low rates. Without it, he says the US economy would sink into recession. “A 2.45%, 10-year U.S. Treasury rests at 2.45% because the ECB and BOJ are buying... Show More

Patrick Poke

In Bill Gross’ latest note to investors he has bucked consensus once again. Despite the possibility of “a temporary acceleration over the next few years,” he maintains his long-term negative view based on demographics, debt levels, technology, and the reversal of globalization. In absence of clear fundamentals, he turns to... Show More

Patrick Poke

We’ve posted about the issue of sticking with your investment strategy before – see here: https://www.livewiremarkets.com/admin/wires/33581 and here: https://www.livewiremarkets.com/wires/33932 But it’s a topic that’s worth revisiting. AQR Capital, manager of over US$170B has released a research paper on exactly this subject. They look at Berkshire Hathaway, PIMCO’s Total Return Fund... Show More

Livewire News

'Bond-King' Bill Gross' latest letter again laments zero/negative interest rates, and labels "land, gold, and tangible plant and equipment" as "favoured assets." There was no love at all for financial assets: "I don’t like bonds; I don’t like most stocks; I don’t like private equity." Gross warned investors that they... Show More

Livewire News

In his latest note, ’Bond King’ Bill Gross has warned that “our credit-based financial system is sputtering, and risk assets are reflecting that reality even if most players (including central banks) have little clue as to how the game is played.” Using an interesting analogy based on a game of... Show More

Livewire News

Veteran investors Bill Gross, thinks the Fed has lost sight of the consequences of their actions. “The closeness to the zero bound, it basically robs savers of their ability to earn money and threatens business models such as insurance companies and banks in terms of their margins. Certainly pension funds... Show More

Livewire News

The central banks all seem to believe that there is an interest rate SO LOW that resultant financial market wealth will ultimately spill over into the real economy. I have long argued against that logic and won’t reiterate the negative aspects of low yields and financial repression in this Outlook.... Show More

Livewire News

Bill Gross says that the Fed will raise rates “sometime this year. You know, if you’re sick in bed, you’re lying around for 24 hours, at some point you just want to get out of bed and walk around the house for a while. And I think the Fed wants... Show More

Livewire News

Janus Capital’s Bill Gross believes the “supercycle” for stock and bonds is coming to a close once the Fed’s unconventional monetary policies wind down. The former PIMCO leader said “credit based oxygen is running out” which helped drive the long bullish trend in both stocks and bonds. Gross doesn’t necessarily... Show More