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
mean writing thinking
Well, I, you know, I think at PIMCO we always try and be open with the press and the public. I mean, isn't that what voters want from their politicians? Mohamed El-Erian, our CEO, writes several op-eds a week.
mean human-nature institutions
Human nature means that institutions at some point lose their sense of mission. That sense of vulnerability drives Pimco.
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.
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,
dangers deflation fears followed headline last months promoting six space speeches wonder
Is it any wonder that in the space of the last six months we have had headline speeches promoting the dangers of deflation only to be followed by fears of accelerating inflation?
attorney city valley
Even our attorney in Valley City is a volunteer.
chaotic cheap either financial foreign higher lower pay perhaps rising spending standard
Either way, ... we pay the price: higher import costs, a cutback in spending on cheap foreign goods, rising inflation, perhaps chaotic financial markets, a lower standard of living.
definition expanding farmers helped people
Some people say farmers have always helped farmers, People say we're expanding the definition of neighbor.
bond days salad
There's little doubt...that the bond market's salad days are over,
confidence daily retail statistics terms watching
We're watching the daily statistics in terms of retail confidence and housing,
candid companies exactly grow hear terms types
I would like GE and other companies to be more candid in terms of disclosing exactly how they do these things, ... If they grow earnings, then let's hear about it and find out how much comes from those types of maneuvers.
again banks bid central cutting early federal housing impart rate rest start
Central banks don't rest at one rate for long. If only to impart a bid to the U.S. housing market, they (the Federal Reserve) may have to start cutting again as early as the end of the year.
believe forecast percent prevail range secular
If we had to forecast (and we do), we believe a range of 3 to 4½ percent for 10-year nominal Treasuries will prevail during most of our secular timeframe,
heard helping last nobody year
Nobody heard of it last year and now we're helping farmers.