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
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.
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,
bank credit emerging markets money oil rating russia since
Many so-called emerging markets have long since emerged. Russia now has an investment-grade credit rating and with oil where it is right now, probably more money in the bank than the U.S.
investment markets prosper states ultimately united
Investment markets in the United States will not ultimately prosper under such an increasingly odorous environment.
beneficial certainly currency decent employment financial markets versus
Favouring employment versus the financial markets is a decent policy; certainly not beneficial for the currency or the gilt market, but beneficial for the people.
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,
sure year
I'm sure it's going to take us a year or two, but it's in the works.
coexist deflation inflation nearly
Inflation and deflation in this levered world coexist nearly side-by-side,
almost dividends equity excess high obtain race return returns start stocks
Stocks historically return more than almost all other alternative investments but only when priced right when the race begins, ... If you start from day one with P/Es too high or, importantly, dividends too low, you will not obtain equity returns in excess of bonds.
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,
average consumer cries cut finally point reach starts until
They will cut until they reach the point that the average consumer finally cries 'uncle' and starts to take on risk.
great high time
It's not a great time for high yield.
bring certain chase coming economy economy-and-economics fed inflation keeps knows level rates shape terrible
The Fed knows that the economy is in terrible shape and that they must bring down short-term rates to the level of inflation. If inflation keeps coming down, the Fed, to a certain extent, has to chase inflation.
bonds few weeks
I like bonds better than I did a few weeks ago.