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By Alexis Leondis, Bloomberg |
June 11, 2013
Pacific Investment Management Co., the world’s largest active bond manager, said investors should cut risk amid a more than 60% chance of a global recession in the next three to five years.
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By Liz Capo McCormick, Bloomberg |
June 7, 2013
Bill Gross, manager of the world’s biggest bond fund, said the Federal Reserve is unlikely to reduce its asset purchases after the unemployment rate climbed from a four-year low in May.
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By Rich Miller, Bloomberg |
June 5, 2013
The Federal Reserve probably will refrain from selling assets from its balance sheet over the next three to five years as the U.S. falls short of a return to full employment, according to Pimco.
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By Bill Gross |
June 4, 2013
Our global financial system at the zero-bound is beginning to resemble a leukemia patient with New Age chemotherapy, desperately attempting to cure an economy that requires structural as opposed to monetary solutions.
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By Paul Cox, Bloomberg |
May 10, 2013
Pacific Investment Management Co.’s Bill Gross wrote in a message on Twitter that the 30-year bull market for bonds “likely ended” on April 29.
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By Susanne Walker, Bloomberg |
April 29, 2013
Federal Reserve policy makers may shift discussion away from when to reduce monetary stimulus, given data showing the economy is weakening, according to Pacific Investment Management Co.’s Mohamed A. El-Erian.
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By Kristin Fox |
April 24, 2013
Swapping his career at PIMCO to start his own firm, John Brynjolfsson talks with us about trading, the economy and launching a global macro hedge fund firm in 2009, arguably one of the most difficult times to start a fund.
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By Alexis Leondis, Bloomberg |
April 5, 2013
Pacific Investment Management Co.’s Bill Gross, manager of the world’s biggest bond fund, said the U.S. economy won’t expand more than 2% this year even with one or two quarters of faster growth.
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By Susanne Walker, Bloomberg |
March 5, 2013
Pacific Investment Management Co.’s Bill Gross, manager of the world’s biggest bond fund, said the yen is likely to weaken to 100 per U.S. dollar on concern stimulus measures by the Bank of Japan will debase the currency.
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By Bill Gross |
March 4, 2013
"But how do we know when irrational exuberance has unduly escalated asset values?" Alan Greenspan coined this now famous phrase in the midst of what turned out to be a fairly rationally priced stock market in late 1996. But what about now?