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By Gil Weinreich, AdvisorOne |
October 31, 2011
The bond king says stimulus policies are stifling growth; on same day, OECD pleads for structural reform.
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By John Sullivan, AdvisorOne |
September 12, 2011
PIMCO Total Return Fund, the world’s largest mutual fund, is having its worst year relative to rivals in 16 years.
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By John Sullivan, AdvisorOne |
September 7, 2011
PIMCO Chairman Bill Gross warned that the Fed’s ‘showering of money’ on the economy to combat deflation may end up harming long-term lending.
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By Marlene Y. Satter, AdvisorOne |
August 30, 2011
Gross said in an interview, “When you’re underperforming the index, you go home at night and cry in your beer. It’s not fun, but who said this business should be fun. We’re too well paid to hang our heads and say boo-hoo.”
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By John Sullivan, AdvisorOne |
August 11, 2011
Staying true to PIMCO’s CIO Bill Gross’ “new normal” forecast, PIMCO’s hedged bets are paying off.
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By Melanie Waddell, AdvisorOne |
July 25, 2011
As leaders of both parties now plan to unveil their own debt-ceiling plans, El-Erian said that a short-term deal would leave “the AAA rating extremely vulnerable and does little” to fix the basic problems of the economy.
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By John Sullivan, AdvisorOne |
July 15, 2011
Gross calls out Washington politicians for the game of chicken they’re currently playing with America’s finances.