CNBC's Mike Santoli explains how investing in the stock market a decade ago just before the financial crisis has turned out.
The deeply flawed Western economic system is contributing to the worst economic recovery the world has ever seen, Chris Watling, CEO of Longview Economics, said on Friday.
Bond expert Bill Gross says the Fed and other central banks should use caution when raising interest rates.
Bond guru Bill Gross is warning about looming interest rate increases and the damage they can do to a debt-laden global economy.
The Fed released a hawkish statement on Wednesday, but it's doubtful the central bank will ultimately be able to reach its goal, Bill Gross told CNBC.
Bill Gross, Janus Henderson Investors, discusses the bond market after the Federal Open Market Committee decides to raise rates.
In his June investment outlook, Bill Gross warned investors about market illusions created by easy monetary policy.
Bond investor Bill Gross warned that monetary policy has exacerbated a disconnect between the financial and the real economy.
NEW YORK, June 6- Jackson National, the largest U.S. provider of variable annuities, said in a filing on Tuesday it plans to remove Pimco's Total Return Bond investment strategy from Jackson National's product line-up and assign management of the $3.5 billion in that fund offering to Jeffrey Gundlach's DoubleLine Capital. The move would end Jackson National's...
*Pimco achieves net inflows of 21 bln euros. FRANKFURT, May 12- German insurance group Allianz on Friday reported rising investment inflows at bond fund manager Pimco and stuck to its operating profit target for 2017.. Pimco had experienced several years of cash withdrawals in some of its main funds, including its flagship Pimco Total Return Fund.
Janus portfolio manager Bill Gross shares his views on the economy, Trump and the Fed in an interview Thursday on CNBC's "Power Lunch."
With "too much hope" being priced into the market, investors essentially have to "de-risk," bond guru Bill Gross told CNBC on Thursday.
A bond guru says the stock market is too hopeful.
The bond guru believes a global slowdown in productivity will hurt GDP growth and reveal stocks and high yield bonds as overvalued.
NEW YORK, April 13- Influential bond investor Bill Gross on Thursday stepped up his warning to investors not to be tempted into buying equities, high-yield junk bonds and other asset classes, given the possibility that U.S. President Donald Trump might fail to enact policies that fuel economic growth. Gross, who runs the Janus Global Unconstrained Bond Fund,...
NEW YORK, March 27- Bill Gross has reached a roughly $81 million settlement of his lawsuit against Pacific Investment Management Co, ending a bitter 2-1/ 2- year drama over the well-known bond investor's abrupt departure from one of the world's biggest asset managers. Gross, who now works for Denver- based Janus Capital Group Inc, left Pimco following negative...
NEW YORK, March 27- Bill Gross has reached a roughly $81 million settlement of his lawsuit against Pacific Investment Management Co, ending a bitter 2-1/ 2- year drama over the departure of the star bond investor from one of the world's biggest money managers. In his complaint filed in a California state court, Gross accused top Pimco executives including group...
Bill Gross also gets a "Founders Room" named after him, Pimco says.
NEW YORK, March 27- Star bond fund manager Bill Gross has reached a roughly $81 million settlement of his lawsuit accusing his former employer Pacific Investment Management Co of forcing him to resign so that his bonus could be divided among others. The settlement quietly ends what had been an acrimonious battle played out through the press, and then in Gross'...
NEW YORK, March 27- Pimco co-founder Bill Gross has settled his lawsuit against his former employer for just over $81 million, CNBC reported Monday, citing sources. Gross has filed for a request for dismissal of the suit, CNBC reported. Gross, who now runs the Janus Global Unconstrained Bond Fund for Janus Capital Group Inc, left Pimco in September 2014 amid negative...