Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Third Day? Gross' Email Routing List Email & Route  Print Print
Friday, June 1, 2012

Third Day? Gross' "Great White Whale Lies Waiting"

News summary by MFWire's editors

Bill Gross is worried that "the developing credit cancer may be metastasized." The Pimco [profile] co-chief investment officer and star PM just released his monthly "Investment Outlook" column for June, and he's urging PMs and other Wall Street insiders to "lower return expectations" for "bond, equity and all financial assets."

Benzinga, Bloomberg, Business Insider, Reuters and the Wall Street Journal's "MarketBeat" blog all covered Gross' new column.

Gross warns of "reflationary potential" and predicts that his fellow "private bond market vigilantes" will "favor quality and 'clean dirty shirt' sovereigns" like Brazil, Mexico and the U.S. He also calls himself a "Newport Beach whale," referencing a 'Plankton Theory' he touted in one of his first investment outlook columns.

"The great white whale lies waiting on the horizon," Gross concluded. "Investors should sail carefully and the Wall Street 1% should put on their life vests if they expect to weather the inevitable storm that may threaten the first-class cabins they have come to enjoy." 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

5.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use