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Bill Gross: It's Time To Play Defense

Wednesday, February 29, 2012 - 4:14 PM
From CNBC via TheStreet
Gross argues that we have come to the end of a 30-year long stretch in which "offensively minded" central bankers pushed down interest rates and created a false sense of wealth.

After Bill Gross's major mistake last year predicting rising Treasury yields, I don't know how much weight we should give to his opinions. Nevertheless, he remains the manager of the world's largest bond fund.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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