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Bill Gross

PIMCO Bets Against The Future Value Of U.S. Government Debt

Posted 06.11.2011 | Business

PIMCO has shifted to a short position in U.S. government-related debt in the world's largest bond fund, while also raising cash holdings in a sign...

WATCH: Don't Read Into PIMCO's Debt Dump

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011 | Business

News of the world's biggest bond fund dumping U.S. government debt sparked fears on Wednesday that investors may have little faith in the recovery. ...

June 30 Could Be The Ides Of March

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

In a nutshell, the Fed's plan is to create a "wealth effect" by buying Treasuries. The theory here is as asset prices rise and consumers feel wealthier, they'll spend more, in turn helping to revitalize the economy.

PIMCO CIO Urges 'Gradually' Cutting Deficit

Reuters | Posted 05.25.2011 | Business

NEW YORK (Reuters) - Bill Gross, co-chief investment officer of PIMCO, the world's biggest bond fund manager, on Thursday urged lawmakers to cut the...

Gross Returns for Bill Gross

Dan Solin | Posted 05.25.2011 | Business
Dan Solin

You would think if anyone could run an actively managed total return fund, it would be Mr. Gross. I assume that was precisely the thinking that made PIMCO's Total Return Fund so successful in attracting assets. So, what happened?

World's Largest Bond Firm Makes $8.1 Billion Bet Against Deflation

bloomberg.com | Mike Weiss | Posted 05.25.2011 | Business

Sept. 15 (Bloomberg) -- Bill Gross's Pacific Investment Management Co. made an $8.1 billion wager that the U.S. won't suffer a decade of deflation lik...

William Alden

Bond Billionaire: Fed's Policy Is A 'Brazen' 'Ponzi Scheme'

HuffingtonPost.com | William Alden | Posted 05.25.2011 | Business

The Fed should stop meddling with the economy now, before it does more damage, say two top asset managers. The Fed Reserve Bank's quantitative easing...

WATCH: Economists Take Two Extremely Different Views On U.S. Economy

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Bloomberg hosted the wonkish equivalent of the Ultimate Fighting Championship on Wednesday, which pitted a famously pessimistic economist against a fa...

Shahien Nasiripour

Famed Investor Bill Gross Calls For Massive Taxpayer-Backed Mortgage Refinance Initiative

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The head of the world's biggest bond fund, bemoaning the slow economic recovery, reignited debate Tuesday by publicly supporting a massive new refinan...

Fannie, Freddie Reform: The Government Needs To Continue Propping Up The Mortgage Market, Say Banking Execs

Posted 05.25.2011 | Business

WASHINGTON (AP, ALAN ZIBEL) -- The Obama administration invited banking executives Tuesday to offer advice on changing the government's role in the mo...

Is Deflation Now "The Peril?" And What Do You Do if It Is?

Eric Schurenberg | Posted 05.25.2011 | Business
Eric Schurenberg

The Seven Faces of The Peril may never outsell Twilight, but as economic papers go, it's pretty Gothic. The author is James Bullard, the president of the St. Louis Federal Reserve Bank, and it caused ripples on Wall Street when it was published last week.

Even Wall Street Agrees: Government Should Borrow To Invest

Dave Johnson | Posted 05.25.2011 | Business
Dave Johnson

If our government "stimulus" continues to push consumption -- i.e. tax cuts -- instead of spending that invests in infrastructure, education and health care, things can only get worse.

Bill Gross, Bond Billionaire, Discusses 'Doo-Doo Stuff' In Letter To Investors

Posted 05.25.2011 | Business

Bill Gross, the billionaire founder of PIMCO, the world's largest bond investor, began his latest correspondence to investors with an extended discuss...

Thoughts on the Business Cycle

Alan Schram | Posted 05.25.2011 | Business
Alan Schram

Lately, almost everyone seems melancholy about the prospects of the economy. So I thought I might share some anecdotal data points that suggest otherwise.

Hedge Fund Manager Hugh Hendry: We're On Your Side

Telegraph | Hugh Hendry | Posted 05.25.2011 | Business

You don't know me; we've never met. But I fear you are being encouraged to dislike me. Let me explain: I'm a speculator. I manage a hedge fund. Appare...

The Best Investments For the Next Decade, Fantasy Version

Eric Schurenberg | Posted 05.25.2011 | Business
Eric Schurenberg

The wise men can't agree on anything, especially the outlook for emerging markets, the tech stocks of this decade.

Bond Fund Goliath Pimco Hires Head Of Government's $700 Billion Tarp Program; Citizens Pick Up Your Slings!

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Pimco's hiring of Neel Kashkari is a slap in the face for a public who is sated with examples of government handouts to the undeserving and the revolving door coziness perpetuated at public expense and detriment.

How The US Blew The Trillion-Dollar Trade Of The Century

Bloomberg | Mark Fisher | Posted 05.25.2011 | Business

When the government was forced to bail out the financial system, our friends in Washington also had the opportunity to make the trade of the century f...

Bill Gross' $23 Million California Mansion (VIDEO)

Posted 05.25.2011 | Business

11,000 square feet, nine bedrooms, 12 baths and 112 feet of water frontage are not enough for the billionaire bond king Bill Gross. As the Wall Street...

Bill Gross: Green To Make A Quick Comeback

Reuters | Jennifer Ablan | Posted 05.25.2011 | Business

NEW YORK (Reuters) - Bill Gross, the influential investor who runs top bond fund Pimco, said on Wednesday that greed will eventually become the norm a...

Only the News That's Fit to Print

Erica Payne | Posted 05.25.2011 | Media
Erica Payne

The New York Times did the country (and itself) a disservice Sunday when it printed all 5,000 words of Devin Leonard's piece on William Gross.

U.S. Economy Risks Dire Prospect of Hyperinflation

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

Quantitative easing and multi-trillion dollar deficits are the two core ingredients of an explosive fiscal cocktail that will ultimately lead to hyperinflation.

PIMCO's Gross: U.S. At Risk Of Losing Top AAA Rating

Reuters | Jennifer Ablan | Posted 05.25.2011 | Business

Bill Gross, manager of the world's biggest bond fund, warned on Thursday the United States will eventually lose its top AAA credit rating, a fear that...

Gaming the Bailout: How Washington Continues Making The Saudi Arabia of Bond Funds Ever Richer

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

To see how access, power, and influence over the government and media is literally lifting billions from the pockets of taxpayers, one need not look further than a firm called PIMCO.

The Seventy Percent Solution

Marco Trbovich | Posted 05.25.2011 | Business
Marco Trbovich

70 percent of the US economy has been dependent on consumer purchasing to sustain economic growth. The portion of workers in the US who do not have a college education is also 70 percent.