To the extent that they're at the beginning of their cycle, much as we were 12 months ago, that suggests a negative outlook for their bonds.
"William Hunt "Bill" Gross" is an American financial manager and author. He co-founded PIMCO/Pacific Investment Management (PIMCO). Gross also ran PIMCO's $270.0 billion Total Return Fund (PTTRX). Gross left Pimco to join Janus Capital Group/Janus on September 26, 2014.If you enjoy these quotes, be sure to check out other famous businessmen! More Bill Gross on Wikipedia.
Nobody heard of it last year and now we're helping farmers.
Pay per click was just the beginning. The real evolution is pay per action.
This radically changes advertising. It makes it much more accountable.
That is not to say that long government bonds won't go up in price if the 'system' suffers some elimination, slower growth, or to be frank, a recession in 2006.
Investment markets in the United States will not ultimately prosper under such an increasingly odorous environment.
What we're doing is kind of expanding upon the neighbor concept.
His bark is worse than his bite. He's got a gruff exterior but underneath is a heart of gold.