GuruFocus Premium Membership

Professional Value Investing Tools at Affordable Prices

Try It 100% for 7 Days!

Canadian Value
Canadian Value
Articles (4525) 

Bill Gross - Bernanke Is Deathly Afraid of Deflation

June 20, 2013 | About:
Gross thinks Bernanke's comment about a need for 7% unemployment before ending the government bond buying program likely means that it will be status quo through early 2014.

He also notes that if inflation doesn't rise to 2% the Fed easy-money policy could continue longer than expected.

Gross thinks that the market has misinterpreted Bernanke's comments because it has missed the point that Bernanke won't be tapering without inflation close to 2%.

Gross also thinks that Bernanke is deathly afraid of deflation and that he will not make the mistake of ending the easing policy too early.

About the author:

Canadian Value

Rating: 3.8/5 (4 votes)


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)