What’s so remarkable about the following clip from a Bloomberg interview with iconic bond fund manager Bill Gross isn’t so much that he warned about a looming systemic implosion, but how much he struggled to actually say it out loud despite clearly wanting to.
Pretty telling.
I’m currently in Tennessee visiting extended family. We’re headed down to Memphis in a couple of hours for the weekend, so this will probably be it for me for today.
Good luck out there.
In Liberty,
Michael Krieger
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Lost 40 percent of my retirement first of 2009 ..thank you WS..would like to have my retirement back or prison time for those responsible. My advice to the younger folks is stay away from WS.
The Market will always be volatile and that means an implosion is possible any time. This is a fact that every investor must accept in order to be able to deal with all the uncertainties involved in today’s investment world. Bill gross is a very respected name in the silicon valley, so when he speaks, people out to pay attention!
bill gross for donald trumps cabinet, head of the fed or treasury. jim grant for something or other.
seriously though. in my dream world. after trump gets the republican nomination, he tells republicans he will run as an independent candidate and not accept their nomination. and he will run with the support of bernie sanders.
how awesome would that be.