Pimco's Bill Gross says the September jobs report signals that the Fed will provide more...

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youngman442002 Comments (4980)
 
I wonder is he will be selling all of his bonds to them?
8 Oct 2010, 09:44 AM Reply Like

mike mohr Comments (444)
 
If Gross says that then there is something wrong. He did not say it before when he had the inside information and front run the FED.
8 Oct 2010, 09:44 AM Reply Like

Morocco Bama Comments (104)
 
Now our great hope is QE 2? Am I taking crazy pills or is this not a complete and utter disaster?
8 Oct 2010, 09:46 AM Reply Like

youngman442002 Comments (4980)
 
yes we are living in a rose colored glasses world...very strange...QE....and we WANT inflation...and we want you to borrow not save...and we want you to spend..not save...wierd economics...I will stick with saving and not spending for me...
8 Oct 2010, 09:50 AM Reply Like

The Geoffster Comments (3701)
 
Now that the Fed is the second largest holder of Treasuries (after China), I think we know where this is going. One third of U.S. consumers do not have the credit scores to borrow at any cost and housing may well collapse the banking system anyway. The dollar is a dead man walking. Interesting that gold is down this morning.
8 Oct 2010, 09:52 AM Reply Like

Credible Clarity Comments (160)
 
And this will create what kind of jobs?
Who doesn't want to borrow at 2.5% when average has been 8%? Would 2.25% create an incentive to do more? NO!!!!
This is all about trying to create liquidity for assets since money supply is stuck in glue.
8 Oct 2010, 09:53 AM Reply Like

franztch Comments (6)
 
I agree with "The Geoffster". FED quantitative easing is very necessary. I also agree with "Geoge Soros" about CINA. A new cooperation between USA and CINA is very necessary to save the global economy and reach a new balance point. New Global Economy must base on USA & CINA. A moore stable economy needs 300 millions of US people, but also 1.000 millions of Cinese people.
8 Oct 2010, 10:08 AM Reply Like

Harry Tuttle Comments (2221)
 
"to keep borrowing costs down" I add, for those who can get credit.

I bet Mr. Bernanke that he CANNOT find anyone who buys/finances anything just because the rate goes down 1% from here.
8 Oct 2010, 10:58 AM Reply Like