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Bill Gross warns about underestimated inflation
2008-05-26 18:21:00 In his June 2008 Investment Outlook, Bill Gross tries to explain why the government is (intentionally or not) fooling us into believing that inflation is lower than it actually is. I?ll tell you another area where we?ve been foolin? ourselves and that?s the belief that inflation is under control. I laid out the case three years ...
By: National Bubble
Bill Gross: home prices will decline 20%
2008-02-22 19:24:00 Obviously, all those Fed rate cuts are not doing much to stabilize the housing market. CNBC reports the following: The Federal Reserve’s aggressive interest-rate cuts have failed to push mortgage rates lower and thus have done little to help the battered U.S. housing market, said Bill Gross, chief investment officer at Pimco, the world’s largest bond fund. The ...
BLS Jobs Data, Bush?s ARM Bailout, Bill Gross & Mish on the Fed, and More!
2007-12-07 21:59:00 by Addison Wiggin & Ian Mathias Bush and Paulson unveil subprime bailout plan? fumbling incompetence begins immediately Jobs report exceeds expectations? will the Fed change its mind on the latest employment data? Bill Gross versus Mish Shedlock in a FOMC funding rate cage match The 5 examines inflation since 2003… sure you still want a December rate cut? Mortgage ...
Bill Gross
2007-10-22 01:41:00 Bill Gross founded Idealab in March 1996 and serves as the company’s Chairman of the Board and Chief Executive Officer. Bill founded Idealab to create and build successful businesses that capitalize on innovations in areas with significant growth opportunities, including the Internet. A lifelong entrepreneur, Bill started several companies prior to Idealab. In high school, he ...
PIMCO's Bill Gross calls for taxpayers to bail out failed housing gamblers.
2007-08-29 21:17:00 Some days, I can't believe what I read from our "leaders".For respected bond trader Bill Gross to be calling for a federal housing gambler bailout with taxpayer money is not only pathetic, reckless and wrong, it's actually immoral. Either Gross knows how bad it's gonna get and is in panic stage, or there's some way he'll make money off of a government bailout.Why should taxpayers who go to work, pay their bills, read fine print, live within their means and make rational financial choices send their hard earned income to others who gamble, live beyond their means and make poor financial choices? FOR THE LOVE OF GOD HAVE PEOPLE GONE INSANE?Sign the online petition against this crap here. We can help defeat this stupid thinking, just like the immigration law mess.If the US government bails out failed flippers and housing gamblers in ANY way, then it will officially be over. Rome will have burned. And the US government will no longer be deserving of your support. But I have faith. ...
By: Housing PANIC
Bill Gross Looking Out For Himself - Bush needs to rescue homeowners?
2007-08-28 18:13:00 Bill Gross said the White House should bail out the millions of American homeowners who face the dreaded prospect of foreclosure this year. "If we can bail out Chrysler, why can't we support the American homeowner?" Gross wrote in his monthly investment outlook on PIMCO's Web site. "Write some checks, bail 'em out, prevent a destructive housing deflation..." While what he is saying is true, the government did bailout Chrysler and rescued the savings and loan industry by absorbing its bad debt in the 1990s, and the Federal Reserve
Video Interviews with Paul Van Eeden, Bill Gross and John Stephenson - Augu
2007-08-24 08:51:00 Some BNN Videos For YaJohn Stephenson, Senior Vice President at First Asset Investment Management, gives his Top Energy Picks on Aug 21, 2007John Stephenson, Senior Vice President at First Asset Investment Management, commenting on large cap oil and gas and utilities.Bill Gross of PIMCO saying he’s buying bonds of Goldman Sachs, Bank of America, Merrill Lynch, Deutsche Bank and American Express - August 23, 2007.Paul Van Eeden, President at Cranberry Capital talking about the credit crisis and his favorite sector to invest in going forward - August 23, 2007.
By: Mr NoNyMoUs
Bill Gross Says Stocks are Appropriately Valued
2007-07-27 19:46:00 Stocks and high-yield corporate bonds are back to appropriate levels, the world's biggest bond fund manager said on Friday, a day after fears of spreading problems in the housing market triggered a...
By: Jim Cramer Blog
PIMCO?s Bill Gross & the Economist Agrees with SmartKnowledge U??s Opinio
2007-06-17 13:38:00 June 17, 2007 - Yes, we?ve trumped the so-called experts again, including the person everyone in the media turns to regarding the direction of U.S. bonds, PIMCO?s Bill Gross, this time by more than 6 months. On January 7th, I wrote an article titled, ?Ten Reasons Dollar Denominated Bonds Aren?t as Safe as You Think?. ...
FLASH: PIMCO's bond guru Bill Gross predicts US housing market to be "decim
2007-06-09 13:46:00 ?These increases in rates over the past few days have placed the 30-year mortgage market at close to 7% in conventional terms,? said Gross, chief investment officer for Pacific Investment Management Co. and manager of the world's largest bond fund. ?This will decimate the housing market if it wasn?t already decimated before, and certainly put the Fed on hold, and maybe allow the Fed to reduce rates?six to nine months from now.?
By: Housing PANIC
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