We think that inflation will be benign and may come down from these levels.
More Quotes from Bill Gross:
Americans now know that housing prices can go down and they can go down by 10, 20, 30, and in some cases, 40 or 50 percent. We know they can go down. But five years ago, we thought they could only go up.Bill Gross
So, the lower inflation goes and the more and more investors believe that inflation will stay low, the better it is for the bond market.
Bill Gross
I view him favorably, especially his views on inflation targeting,
Bill Gross
When you have kidney stones, you don't give much of a damn about the view,
Bill Gross
This works because merchants have a high cost of customer acquisition, and we lower it, ... We bring them customers with their wallets open.
Bill Gross
With all this consumer debt, business debt, government debt, smaller movements in interest rates have a magnified effect... a small movement can tip the boat.
Bill Gross
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