Wednesday, February 6, 2013

Bill Gross needs a raise, I think

Stock Rally Not Sucking Cash Out of Bonds: Gross

Gross also insisted there's money to be made in bonds, despite the record low yields caused by the Federal Reserve's near zero interest rate policy.
Well, I'm not "the bond guy," but I did say that yesterday.  In fact, with the Fed's near zero interest rate policy, there's a lot of money to be made trading bonds.  But, there's a lot of risk there too.

"When observers talk about the stock market being a market of stocks, the bond market is a market of bonds," he said.
I'm actually at a loss for words here.  Really.

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