Bill Gross, PIMCO, says the economy is not headed towards recession.» Read More
NEW YORK, Feb 27- Bill Gross, founder and co-chief investment officer of bond giant PIMCO, told investors in a monthly letter on Wednesday they should expect lower returns from high-yield corporate bonds.
Federal Reserve will keep its monetary policy stance loose for a long while despite increasing signs of concern among policymakers about the potential costs of asset buying, a top Fed official said on Friday. "Fed policy is very easy and it's going to stay easy for a long time," James Bullard, St. Louis Fed president, said in an interview with CNBC television.
The Fed Minutes spooked investors Thursday. Meanwhile Bill Gross, co-CIO, founder & managing director of PIMCO, says bond vigilantes are no more, and central banks are in the "masters of the universe."
PIMCO’s Bill Gross explains why he thinks the Federal Reserve isn’t paying enough attention to the negative consequences of keeping interest rates near zero for an extended period. (1:08)
NEW YORK, Feb 11- The PIMCO Total Return Fund, the world's largest bond fund run by Bill Gross, decreased its mortgage holdings to its lowest level since mid-2011, ahead of the prospect of higher interest rates and emerging inflationary pressures.
Bill Gross, Co-CIO, Founder & Managing Director of PIMCO, provides his perspective on bonds, the run in equities, and America's credit bubble.
Housing sector most vulnerable if yields keep rising
Bill Gross, founder & managing director at PIMCO, is warning investors to be afraid of the flood of cheap money in the system.
NEW YORK, Feb 1- Wall Street's current jubilant narrative is that a rush into stocks by small investors has sparked a "great rotation" out of bonds and into equities that will power the bull market to new heights. Investors pumped $20.7 billion into stocks in the first four weeks of the year, the strongest four-week run since April 2000, according to Lipper.
Jan 31- Bond guru Bill Gross of Pimco warned on Thursday that the U.S. economy has become too credit-reliant and is requiring more and more government stimulus to produce ever-diminishing rates of growth, much like Japan has experienced over the past decade.
The level of credit needed to spur economic growth has grown five-fold since the 1980 s, said Gross, who is a founder and co-chief investment officer of Pacific Investment Management Co. He likened the need for more and more government stimulus to produce ever-diminishing rates of growth to Japan's experience over the past decade.
NEW YORK, Jan 23- Neel Kashkari, managing director and head of global equities at bond giant PIMCO, is leaving the firm to consider running for public office in California as a Republican, according to people familiar with the situation.
After five years of monstrous cash inflows into fixed income markets, bond giants DoubleLine Capital LP, Loomis Sayles& Co and PIMCO are strategically targeting a bigger share of equities- an area that many investors have shunned in recent years.
NEW YORK, Jan 4- U.S. "I think the market over-reacted a bit," said Gregory Whiteley, government bond portfolio manager at DoubleLine Capital in Los Angeles. "The economy here, in Europe and in Asia, still faces considerable ongoing headwinds."
The Fed says some members see QE ending before 2013. Bill Gross, Pimco, weighs in.
Bill Gross, PIMCO Co-CIO, offers his reaction to the tax deal that averted the "fiscal cliff."
Bill Gross has devised four ways individuals can beat the “wealth tax” –- i.e. higher dividends and capital gains. In an interview with The Daily Ticker he outlines his proposals.
WASHINGTON, Dec 12- These are strange times to be moving your money around.
Industry heavyweights -- in finance, technology, real estate, media -- weigh in on the one issue, innovation or event they think will change the world in 2013.
NEW YORK, Dec 6- The U.S. Securities and Exchange Commission is partially lifting an almost three-year-old moratorium on applications for actively managed, exchange-traded funds, creating an opportunity for fund managers to use derivatives when they launch them.