Lets be honest: We all look forward to Blll Gross'
monthly columns with amusement. Sure, the financial analysis is great, but isn't everyone mostly reading to see what literary, cinematic or biblical allusions the Pimco
] bond maven works into his prose that month?
Well, the west coast PM proved he doesn't need any of that to make news; a single tweet has gathered enough steam to justify an article from John Sullivan in AdvisorOne
The tweet read:
Gross: Fed merry-go-round: inflate stocks til 2000. Then inflate housing til 2007. Then inflate stocks til 2012. Now inflate housing again.
Sullivan noted that this tweet follows a pattern of criticizing the Federal Reserve from Gross, as well as from his Pimco colleague Mohamed El-Erain
For more on the criticisms, read the original article.
Stay ahead of the news ... Sign up for our email alerts now