1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Articles (4624) 

Bill Gross – Bernanke’s Recent Policy Is the Biggest Move by the Fed in Decades

September 18, 2012 | About:

Gross thinks that the recent Fed announcement is the most significant one from the Fed since Paul Volker promised to crush inflation in 1979 with a 20% prime rate.

Bernanke has promised to buy mortgages and short rates near zero until the “cows come home.” His intention is to raise house prices to help strengthen the economy and lower employment.

Gross is skeptical whether this action is going to be effective. His favored assets for investors are real assets, especially gold and even real estate.

plus.cnbc.com[/url]]; />

About the author:


Rating: 2.6/5 (5 votes)


Please leave your comment:

GuruFocus Mobile App

User Generated Screeners

infoBiggest daily price drops
HOLKLSUValue Stocks Best of 8 Group
JEASSET10-27 filter
James LiLynch Growth Airlines
James LiLynch and Yacktman Airlines
cspunarJG Value
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)