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Does anybody disagree with Bill Gross? Maybe Gross himself. Once a card player, the PIMCO chief...

Does anybody disagree with Bill Gross? Maybe Gross himself. Once a card player, the PIMCO chief knows better than to give away his hand to an opponent. "It should set off all contrarian alert systems," writes John Carney. "Conventional wisdom on Wall Street usually turns out to be dangerous, wrong, or dangerously wrong."
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Comments (2)
  • eggfaced
    , contributor
    Comments (293) | Send Message
     
    Well the Fed does, they are buying all of the Treasury debt and will probably continue to until inflation is running 20% and Bernanke finally admits prices are rising. Interest rates are essentially negative with the Feb anchoring the short end, controlling the long end through POMO and inflation creeping up not so sneakily.
    11 Apr 2011, 05:13 PM Reply Like
  • DavyJ
    , contributor
    Comments (420) | Send Message
     
    So I guess you feel that Bernanke is poking you in the eye?

     

    comics.com/pearls_befo...
    11 Apr 2011, 09:12 PM Reply Like
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