I try to draw attention to where we were before the hurricane,
More Quotes from Bill Gross:
As long as the stock market does what it does, and keeps going up, the wealth effect is going to transmit into a fairly strong U.S. economy and preclude the Fed from easing rates,Bill Gross
Companies have been diluting your equity via stock options claiming that management needs incentives of millions of dollars just to get up in the morning and come in to work, ... Then they pick you off by trading on insider information, selling shares before the bad news hits and you have a chance to get out.
Bill Gross
The market needs to yield close to 3.5 percent before it approaches fair value, and that means Dow 5,000,
Bill Gross
Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession. That's where they want to go.
Bill Gross
Human nature means that institutions at some point lose their sense of mission. That sense of vulnerability drives Pimco.
Bill Gross
This is a market of disparate opinions and therefore increasing opportunities for those who get it right. We hope to be one.
Bill Gross
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