Significant underperformance coupled with the exit of high-profile CEO Mohamed El-Erian caused Gross to re-evaluate the way he was running the firm.» Read More
Pimco's Neel Kashkari thinks the problems that scared investors last year have only been delayed. So how to invest? He says to look for strong, dividend-paying stocks at attractive prices.
The Federal Reserve "is playing a game with us to some extent" by maintaining low interest rates, Pimco founder Bill Gross told CNBC, who also expects another round of quantitative easing.
PIMCO's Bill Gross comments on this morning's ruling by the International Swaps and Derivatives Association that Greece has not triggered a payout on credit default swaps by some of its recent moves preparing for a debt restructuring. "It's not over until it's over, there."
Jeff Kilburg, Treasury Curve, discusses whether PIMCO's Bill Gross boosting of his Treasury holdings is smart.
It's not often you hear the head of the world's largest bond fund compliment the Fed for doing a good job — particularly when interest rates are near zero. But Pimco's Bill Gross had high marks for Fed Chief Ben Bernanke.
Bond prices can't go much higher in the current scenario, says Bill Gross, PIMCO co-CIO & founder. "I'd give Bernanke a 9 out of 10 for the job he's done," he adds. Andrew Julian, OpVest Wealth Management CFO, and CNBC's Rick Santelli provide instant reaction.
The Federal Reserve's zero-interest-rate policy is hampering economic recovery by discouraging bank lending, Pimco bond titan Bill Gross said in an analysis.
The European Central Bank won't solve the euro zone's debt crisis as long as the European Union behaves like a "dysfunctional" family, Bill Gross, Pimco founder and co-chief investment officer, told CNBC on Tuesday.
By putting "hundreds of billions" in currency in circulation, the central banks "can produce reflation—that's why we’re seeing the pop in oil, gold" and other commodities, Pimco's founder told CNBC.
Bill Gross, PIMCO founder & co-CIO, discusses PIMCO's new ETF, which is set for a March 1 launch. "Don't expect transparency of the new ETF to hurt performance," he says.
The new "new normal" is a "paranormal" market — and this paranormal market could wind up haunting pension funds.
So what exactly is Bill Gross arguing in the pages of the Financial Times today?
The Federal Reserve will keep interest rates low for "three, four, or five years," which is why Pimco is jumping into mortgage-backed securities in a big way, Bill Gross told CNBC Europe Friday.
A preview of the FOMC meeting, with CNBC's Steve Liesman; Bill Gross, Pimco founder/co-CIO; and Josh Brown, Fusion Analytics.
Look for a huge corporate spin-off, a major apparel merger, rock bottom bond yields, hedge fund failures and an election defeat for President Obama.
Most investors for the next several years will be lucky to get a 5 percent return in their portfolios thanks to the growth-constricting debt problems in the U.S. and Europe, Pimco's Bill Gross said.
The world is changing and the old model of debt-driven growth is now just "a flawed business model," according to PIMCO's Bill Gross.
If you were looking for any investment with double-digit returns, you're out of luck, Pimco co-CIO told CNBC Tuesday. "There are no double-digit returns in any asset class" including stocks, bonds and real estate, Gross said, and won't be for the next few years.
Bill Gross, PIMCO founder & co-CIO, sheds insight on what he believes the Fed will do.
Last night I had the pleasure of speaking with Pimco's Bill Gross, one of America’s most famed investors, on CNBC’s Kudlow Report.