Investments and the Events that affect them, together with information that will help you navigate the Stock Market, even in difficult times. This blog is dedicated to the premise that anyone with a little common sense can also have good financial sense.
Bill Gross, one of the most prolific money managers of our time and Managing Director at PIMCO, provides his investment outlook: http://www.pimco.com/Pages/RunTurkeyRun.aspx . Why is he reluctantly supportive of QE-II? His firm and their clients own billions of dollars worth of Treasuries. He doesn't have any choice. But realize this, he knows a Ponzi scheme when he sees one and he also thinks that PIMCO won't be the last entity holding bonds when it all comes crashing down. Be very sad for people who are in Fixed Income investments at that time (lots of retirees will be in this number).