"Bill Gross thinks things are about to get so bad..."

Discussion in 'Wall St. News' started by Stewie, Jan 7, 2016.

  1. Stewie

    Stewie

  2. the problem with grumpy old men is they finally get time to sit and watch tv and it is nothing like they remembered. They think the kids in the ads are the real kids of today.
     
    kinggyppo likes this.
  3. lindq

    lindq

    Good old Bill. He's forecast 10 of the last 3 recessions.
     
    Spaceman3, Occam, Chubbly and 7 others like this.
  4. Stewie

    Stewie

    LOL... that is funny.
     
  5. the Gross bottom?

    much like the Icahn bottom in september
     
  6. Cswim63

    Cswim63

    Didn't he get fired by Pimpco, then by George Soros? I'm not sayin', just sayin.
     
  7. A bit of hyperbole...I believe the Pimco deal was because he and El-Erian hated one another...no idea about a link with Soros...OTOH, I get the feeling that for years a bearish message on the stock market was good for herding the crowds into bond funds, so there was a definite agenda at work...
     
    Cswim63 likes this.
  8. I think maybe it had someting to do with a sixteen year bull market in bonds
     
  9. Good point.
     
  10. Cswim63

    Cswim63

    He's been saying that the government can't keep printing and get away with it. Since at least 09. And I believe him. Unfortunately I also bought TBT when he said the low 3 percent rates on the ten year weren't sustainable. Right again. They are now closer to two.
     
    #10     Jan 8, 2016