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
CanadianValue
CanadianValue
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:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 2.6/5 (5 votes)

Comments

Please leave your comment:


More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

User Generated Screeners


doug.quailConsistent Growth
yukondeltagEV-EBITDA Space
akcapitalSmall Cap - Payout Yield
Funnyman1Cash Flow
brettHigh Quality
kw1123S&P Consistent Growth
musselmantbob
pbarker46Low 3 Hist Values
pbarker46Hist. Low Shiller PE
pbarker46Hist. Low PS
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)
FEEDBACK