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
economic famous originated phrase terms
In terms of economic growth, PIMCO originated the famous phrase the 'new normal.'
books bush cut far history paltry percentage point program second tax term unlikely
Without a blockbuster of a program in his second term it is unlikely that Bush can go very far in the history books on the back of a paltry 3 or 4 percentage point tax cut for the rich.
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We're watching the daily statistics in terms of retail confidence and housing,
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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.
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The U.K. and almost all of Europe have erred in terms of believing that austerity, fiscal austerity in the short term, is the way to produce real growth. It is not. You've got to spend money.
sure year
I'm sure it's going to take us a year or two, but it's in the works.
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Inflation and deflation in this levered world coexist nearly side-by-side,
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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.
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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,
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They will cut until they reach the point that the average consumer finally cries 'uncle' and starts to take on risk.
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It's not a great time for high yield.
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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,