GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

PIMCO's Bill Gross Doesn't See a Bond Market Crash, but He Does See an End to the Epic Bull Run

May 17, 2013 | About:
CanadianValue

Canadian Value

105 followers
Bill Gross did not see the S&P 500 going up 15% in 2013, never mind by the middle of May.

His best explanation for the big stock rally is the Fed money printing and an expectation that the easy money policy will continue.

Interestingly at PIMCO Gross hasn't seen much if any money leaving bonds for stocks.

Gross thinks that we are near the end of an epic bond market. Over the next 12 months though he sees bond prices and yields not changing much.

He isn't forecasting a bond market crash, just an end to the great bull run.

About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

Rating: 3.2/5 (5 votes)

Comments

Please leave your comment:


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)
Free 7-day Trial
FEEDBACK
Email Hide