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Bill Gross - We Are in a War, a Very Bloody Bond War
Posted by: Canadian Value (IP Logged)
Date: August 15, 2013 09:18AM
Back in April Bill Gross called the end of the 30-year bull market for bonds.
Now he is suggesting that there is a war on in the bond market and protecting capital is priority one.
Gross thinks that future Fed policy is going to move away from quantitative easing this fall.
As a whole Gross thinks that quantitative easing has done little to stimulate growth and a lot to inflate asset prices.
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