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
believe catch firmly
I firmly believe this is going to catch on.
bought country fact money ours paid
Obama/Romney, Romney/Obama - the most important election of our lifetime? Fact is they're all the same - bought and paid for with the same money. Ours is a country of the SuperPAC, by the SuperPAC, and for the SuperPAC.
areas assets avoidance begin bond bullish carries combined curve dominate finally greenspan high include therefore towards
A bullish orientation towards the front-end of the curve therefore should begin to dominate bond strategies, combined with an avoidance of anything that carries those low-risk premiums that Greenspan finally diagnosed, ... Those assets include real estate, equities, high yield, corporate, and some areas of emerging-market debt.
areas mortgage
It's just that other areas are more attractive, such as the mortgage market,
cliff december faster fiscal january less perhaps rate stimulate
It's going to be difficult to stimulate the real economy in the U.S. at a faster rate than 2 percent and perhaps even less if we have that fiscal cliff in December or January 2013.
continue dollar foreigners sell
Foreigners have and will continue to sell the dollar and U.S. investments.
attention draw
I try to draw attention to where we were before the hurricane,
economy economy-and-economics slower telling
It is telling us that we have a slower economy ahead.
beginning below economy half lower move percent second signs starting
We're beginning to see some signs that the economy is starting to weaken in the second half of 1998, ... We're going to see 1 to 2 percent growth. If we see those numbers, then we can move down even lower below 5 1/2 percent on the long bond.
doors icons might
In questioning initially whether I am a great investor, I open the door to question whether other similarly esteemed public icons like Bill Miller are as well. It seems, perhaps, that the longer and longer you keep at it in this business the more and more time you have to expose your Achilles heel - wherever and whatever that might be.
running real risk
When does money run out of time? The countdown begins when investable assets pose too much risk for too little return; when lenders desert credit markets for other alternatives such as cash or real assets.
jobs writing political
Accountants, machinists, medical technicians, even software writers that write the software for 'machines' are being displaced without upscaled replacement jobs. Retrain, rehire into higher paying and value-added jobs? That may be the political myth of the modern era. There aren't enough of those jobs.
sides tough
I am tough but I have a soft side.
wealth-creation financial assets
If financial assets no longer work for you at a rate far and above the rate of true wealth creation, then you must work longer for your money.