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
coexist deflation inflation nearly
Inflation and deflation in this levered world coexist nearly side-by-side,
sure year
I'm sure it's going to take us a year or two, but it's in the works.
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.
inflation view views
I view him favorably, especially his views on inflation targeting,
economy economy-and-economics opposed percent time
What it suggests this time is a 2 percent economy in 2006, as opposed to a recession.
acres completing
We've been completing about 300 to 400 acres a day, which is actually a lot.
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.
bond days salad
There's little doubt...that the bond market's salad days are over,