Seeking Alpha
Wednesday, January 6 2010  |  02:07 EDT  | 
DJIA (DIA) S&P 500 (SPY)
  • On My Portfolio
  • Dashboard
  • Market Currents
  • Articles
  • Transcripts
  • Instablogs
  • StockTalks
  • Comments
  • Edit Portfolio

Market Currents

Tuesday, October 27, 2009
10:29 AM TweetThis
  • Meanwhile, in his always entertaining monthly missive, Pimco's Bill Gross makes the case that asset appreciation in U.S. and other G-7 economies has been artificially elevated for years. Gross says the risks of betting on a V-shaped recovery far outweigh the rewards. "Out, out, brief candle."

This news story has 4 comments:

  •  
    At least he's consistent. Said the same thing back in March 2009.
    2009 Oct 27 10:36 AM Reply
  •  
    Asset elevation -- inflation of prices fueled by easy credit -- should have ended in 2001. The last 8 years have been destructive. They need to end asap with higher interest rates. Who has the guts to confront this? Not Uncle Ben (Boom Boom Bernanke) who beliefs that prices, like oil geysers, go only one direction.
    2009 Oct 27 10:38 AM Reply
  •  
    You don't say, Bill? Thanks for letting us know. Meanwhile, enjoy the bond bubble while it lasts. The only keeping it aloft is ZIRP. Any upward tick in the fed funds rate will ruin the Total Return Fund.
    2009 Oct 27 12:04 PM Reply
  •  
    Master of the Obvious
    2009 Oct 27 01:05 PM Reply
Follow Market Currents on
Latest StockTalks
  • 7 minutes ago
  • InTheMoneyStocks.com: USO (Oil) Trade Nets Great Profit As Key Support Level Bought And Sold!
    8 minutes ago
  • David White: In 2008 manipulators kept pushing oil up. At first people thought economy couldn't handle it. They were right the first time!
    11 minutes ago
  • David White: Manipulators pushing economy into double dip. Oil stocks rose today, yet oil up (weather a factor). US economy can't support high oil now.
    12 minutes ago
More StockTalks »

From our sponsors: